TODAY’S MARKET
The "C" coffee futures contract here closed with "spot" Mar. 275 points net lower and near May 270 points net lower. Today’s sales are put at 38,493 lots or 9,623,250 bags. In London, the Robusta contract closed with “spot” Mar. $15 net lower and May $14 net lower. Sales were put at 11,677 lots.
In the market for actuals here, Colombians, UGQ, were offered FOB for Mar./Apr. shipment from 74¢ to 76¢ over May “C.” Colombian supremos, screen 17/18, were offered FOB for Mar./Apr. shipment from 80¢ over May “C.” Semi washed Brazils, 2/3s, 15/16 were offered FOB for Mar. through June equal shipment from 5¢ over the relevant months “C.” Santos 2s, screen 17/18, fine cup, were offered FOB for Mar. through June equal shipment from 8¢ under the relevant months “C.” Santos 2/3s, medium to good bean, fine cup, were offered FOB for Mar. through June equal shipment from 11¢ under the relevant months “C.” Santos 4s were offered FOB for Feb./Mar. shipment from 20¢ to 18¢ under the relevant months “C,” depending on description. Brazil conillon robustas, 5/6s, screen 13, were offered FOB for Feb. shipment from 19¢ over Mar. London. Prime Mexicans were offered FOB Laredo for Mar./Apr. crossing from 10¢ over May “C.” Prime Mexicans, were offered FOB Veracruz for Mar./Apr. shipment from 9¢ over May “C.” High grown Mexicans, European preparation, were offered FOB Veracruz for Mar. shipment from 15¢ over May “C,” and strictly high grown Mexicans, European preparation, were offered FOB Veracruz for Mar./Apr. shipment from 17¢ to 18¢ over May “C.” Prime Guatemalas were offered FOB, per 46 kilos, for Mar./Apr./May equal shipment from $9 to $10 over the relevant months “C.” Hard bean Guatemalas, European preparation, were offered FOB for Mar./Apr. shipment from $25 to $26 over, per 46 kilos May “C,” and strictly hard beans, European preparation, were offered FOB, per 46 kilos, for Mar./Apr./May equal shipment from $35 over the relevant months “C.” Hard bean Costa Ricas, European preparation, were offered FOB for Mar./Apr. shipment from $22 to $23 over, per 46 kilos, May “C,” and strictly hard beans, European preparation, were offered FOB, per 46 kilos, for Mar./Apr. shipment from $33 over the May “C.” Central standard Salvadors were offered FOB per 46 kilos, for Mar./Apr./May equal shipment from $9 over the relevant months “C.” High grown Salvadors, European preparation, were offered FOB for Mar./Apr./May equal shipment from $14 over, per 46 kilos, the relevant months “C.” Strictly high grown Salvadors, European preparation, were offered FOB for Mar./Apr./May equal shipment from $20 over, per 46 kilos, the relevant months “C.” Strictly high grown Nicaraguas, European preparation, for Mar./Apr. shipment, were offered FOB, per 46 kilos, from $14 to $15 over May “C.” High grown Hondurans, European preparation, were offered FOB, per 46 kilos, for Mar/Apr/May equal shipment from $12 over the relevant months “C.” Strictly high grown Hondurans, European preparation, were offered FOB, per 46 kilos, for Mar. through June equal shipment from $15 over the relevant months “C.” Uganda robustas, screen 15, were offered exdock for Mar. shipment from 16¢ over May London. Ivory Coast robustas, grade 2, were offered exdock for prompt shipment from 14¢ over May London. Vietnam robustas, grade 2, were offered exdock for Mar. shipment from 13¢ over May London. Indonesian robustas, grade 4, 80 defects, were offered exdock for Mar. shipment from 15¢ over May London.