Coffee Traders' Forum

Differentials
By:nagual1
Date: Monday, 15 March 2010, 7:36 am

Friday
No. 4461 March 12, 2010

TODAY’S MARKET

The "C" coffee futures contract here closed with "spot" Mar. 130 points net lower and near May 125 points net lower. Today’s sales are put at 21,425 lots or 5,356,250 bags. In London, the Robusta contract closed with “spot” Mar. unchanged and May $10 net lower. Sales were put at 6,861 lots.

In the market for actuals here, Colombians, UGQ, were offered FOB for Apr. shipment from 66¢ over May “C,” and were offered FOB for Apr. shipment from 72¢ over May “C.” Colombian supremos, screen 17/18, were offered FOB for Mar./Apr. shipment from 72¢ to 80¢ over May “C.” Semi washed Brazils, 2/3s, 15/16 were offered FOB for Apr./May/June equal shipment from 10¢ over the relevant months “C,” and were offered FOB for Aug. through Dec. equal shipment from 5¢ under the relevant months “C.” Santos 2s, screen 17/18, fine cup, were offered FOB for Apr./May/June equal shipment from 3¢ over the relevant months “C,” and were offered FOB for Aug. through Dec. equal shipment from 13¢ under the relevant months “C.” Santos 2/3s, medium to good bean, fine cup, were offered FOB for Apr./May/June equal shipment from equal to the relevant months “C,” and were offered FOB for Aug. through Dec. equal shipment from 15¢ under the relevant months “C.” Santos 4s were offered FOB for Apr./May/June equal shipment from 18¢ to 15¢ under the relevant months “C,” depending on description. Brazil conillon robustas, new crop, 5/6s, screen 13, were offered FOB for May/June shipment from 4¢ to 5¢ over July London. Prime Mexicans were offered FOB Laredo for Mar./Apr./May crossing from 18¢ to 19¢ over the relevant months “C.” Prime Mexicans, were offered FOB Veracruz for Apr./May shipment from 17¢ over the relevant months “C.” Prime Guatemalas were offered FOB, per 46 kilos, for Apr./May shipment from $14 over the relevant months “C.” Hard bean Guatemalas, European preparation, were offered FOB for Apr./May shipment from $35 over, per 46 kilos the relevant months “C,” and strictly hard beans, European preparation, were offered FOB, per 46 kilos, for Apr./May shipment from $44 over the relevant months “C.” Hard bean Costa Ricas, European preparation, were offered FOB for Apr./May shipment from $40 over, per 46 kilos, the relevant months “C,” and strictly hard beans, European preparation, were offered FOB, per 46 kilos, for Apr./May shipment from $47 to $48 over the relevant months “C.” Central standard Salvadors were offered FOB per 46 kilos, for Apr./May shipment from $14 over the relevant months “C.” High grown Salvadors, European preparation, were offered FOB for Apr./May shipment from $20 over, per 46 kilos, the relevant months “C.” Strictly high grown Salvadors, European preparation, were offered FOB for Apr./May shipment from $24 to $25 over, per 46 kilos, the relevant months “C.” High grown Hondurans, European preparation, were offered FOB, per 46 kilos, for Apr/May/June equal shipment from $20 to $22 over the relevant months “C.” Strictly high grown Hondurans, European preparation, were offered FOB, per 46 kilos, for Apr./May/June equal shipment from $24 to $25 over the relevant months “C.” Uganda robustas, screen 15, were offered exdock for Mar./Apr. shipment from 18¢ 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./Apr. shipment from 13¢ over May London. Indonesian robustas, grade 4, 80 defects, were offered exdock for Mar./Apr. shipment from 14¢ over May London.