RUSSIAN COFFEE COMPANY LTD

EQUATORIAL TRADERS LTD
Grove House, 55 Lowlands Road, Harrow, Middlesex HA1 3AW, United Kingdom
Tel: +44(0)20 8864 9422
Fax: +44(0)20 8424 0529
rd
3 March 2014
Brazil
Despite the somehow erratic return of the rains to the Brazil coffee belt, the mood remains sober with producers and shippers
claiming the damage as irreversible. However, volumes traded during the week were very good, both for nearby and new crop
positions. With Carnival now upon us, the country will be mostly closed for business until next Thursday.
Quality
Differential
Terms
Location
Period
Quantity
Arabica
Elephant Beans, current crop
NY 2 scr.17/18 SS FC, current crop
NY 2/3 MTGB SS FC, current crop
NY 2/3 scr.17/18 SS GC, current crop
NY ¾ MTGB SS GC, current crop
NY ¾ MTGB SS GC, current crop
NYC
NYC
NYC
NYC
May14
May14
-8.00
-5.00
-10.00
-13.00
-14.00
-18.00
FOB
FOB
FOB
FOB
FOT
C&F
Santos
Santos
Santos
Santos
Vollers Antw
Antwerp
Mar14-Apr14
Mar14-Jul14
Mar14-Jul14
Mar14-Jul14
Arrived Jan 14
Feb/Mar 14
320
640
640
640
332
1920
NYC
-35.00
FOB
Santos
Mar14–Jul14
960
RM NY ¾ scr.15/16 (no cup descr.)
May14
-60.00
FOT
Paco Koper
Arrived Jan 14
2240
Conilon NY 5/6 Scr.13up, crop 14/15
LTM
+65
FOB
Vitoria
Jun14–Aug14
960
Grinders NY 5/6 12up GC, current crop
Ethiopia
Increased flow of unwashed coffees into the market has put pressure on differentials. However, washed prices remain firm as ECX
prices continue to be stronger than NY. The Ministry of Trade held a meeting last week with exporters and other stakeholders to try
resolving the sluggish export situation and to reduce speculation and price squeezes in the ECX.
Quality
Differential
Terms
Location
Period
Quantity
Arabica
Yirgacheffe Gr2, new crop
Yirgacheffe, as per sample
Yirgacheffe PB
Sidamo Gr2, new crop
Limu Gr2, new crop
Teppi Gr2, ‘Single estate’
Djimmah Gr5, new crop
Jul14
May14
May14
May14
May14
May14
Jul14
+65.00
+50.00
+50.00
+40.00
+20.00
+20.00
-14.00
FOB
FOT
FOT
FOB
FOB
FOB
FOB
Djibouti
Vollers Hambg
Vollers Hambg
Djibouti
Djibouti
Djibouti
Djibouti
May 14
Arrived Jan 14
Afloat ETA 15Mar
Apr 14
Mar/Apr 14
Mar/Apr 14
May 14
1280
320
240
640
640
5440
1280
RFA, Organic, as well as other Specialty Ethiopia Coffees can be offered on request.
India
A quiet week as buyers and sellers try to find the right levels.
Quality
Differential
Terms
Location
FOB
FOB
FOB
FOB
FOB
FOB
FOB
FOB
FOT
Mangalore
Mangalore
Mangalore
Mangalore
Mangalore
Mangalore
Mangalore
Mangalore
Vollers Hambg
Period
Quantity
Arabica
Monsoon Malabar AA ‘Bababudan’
Monsoon Malabar AA ‘Cauvery’
Monsoon Malabar A ‘Bababudan’
Monsoon Malabar A ‘Cauvery’
Monsoon Basanally
Plantation A, new crop
Plantation C, new crop
Arabica Cherry AB, new crop
Monsoon Triage
Terms & Conditions
All offers subject to final confirmation
Dec14
Dec14
Mar15
Mar15
May14
NYC
May14
Jul14
May14
+45.00
+43.00
+35.00
+33.00
+18.00
+10.00
-17.00
-21.00
-28.00
Ricardo Santos
Rupen Soochak
Daniel Clark
Fergus Wilson
Nov 14
Nov 14
Dec 14
Dec 14
Prompt
Apr14-Jul14
Mar/Apr 14
Jun 14
Arrived Mar 14
email: [email protected]
email: [email protected]
email: [email protected]
email: [email protected]
Registered in England No: 2620426
2000
2000
1000
1000
600
1600
640
1600
34.5MT
Mobile: +44(0)758 007 3109
Mobile: +44(0)780 308 5982
Mobile: +44(0)781 456 7516
Mobile: +44(0)755 372 3817
EQUATORIAL TRADERS LTD
Grove House, 55 Lowlands Road, Harrow, Middlesex HA1 3AW, United Kingdom
Tel: +44(0)20 8864 9422
Fax: +44(0)20 8424 0529
Robusta
Robusta Cherry AB
Robusta Cherry AB
Robusta Cherry AB
Robusta Cherry Clean Bulk
Robusta Cherry Clean Bulk
Robusta Parchment C
May14
May14
May14
May14
LTM
May14
+350
+350
+350
+250
+250
+480
FOT
FOT
FOT
CIF
C&F
FOT
Paco Koper
Paco Koper
Paco Koper
Trieste
Trieste
Hamburg
Arrived Dec 12
Arrived Oct 13
Arrived Mar 13
Afloat ETA 15Mar
Apr14-Jul14
Afloat ETA 05Mar
80 pp
640
225
1600
960
300
Kenya
Differentials remained firm in last week’s auction despite the upward move in NY. Yet (amazingly) most lots continue to not meet
auction reserve prices! Good nearby demand continues. This week’s auction offers nearly 30,000 bags, but as yet no coffee from
Nyeri region.
Quality
Differential
Terms
Location
FOB
FOB
FOB
FOT
C&F
C&F
CIF
Mombasa
Mombasa
Mombasa
Vollers Hambg
Hamburg
Hamburg
Hamburg
Period
Quantity
Arabica
AA FAQ, main crop
AB FAQ, main crop
AB Type ‘Muthaiga’
Kenya type ‘Fergus’
Kenya type ‘Fergus’
Kenya type ‘Tamu’
Kenya type ‘Sochi’
May14
May14
May14
May14
May14
May14
May14
+200.00
+70.00
+60.00
+5.00
+2.00
Level
-10.00
Mar 14
Mar 14
Mar 14
Afloat ETA 10Mar
Feb 14
Feb 14
Afloat ETA 23Mar
640
1600
1600
330
330
1280
640
Tanzania
This week’s auction holds merely 4500 bags of some fresh northern coffees and returning unsold lots of deteriorating quality.
Availability is very limited, with perhaps one final auction for the season on the horizon.
Quality
Differential
Terms
Location
FOB
Dar-es-Salaam
Period
Quantity
Arabica
Tanzania Grinders
Jul14
-25.00
May 14
1200
Colombia
Suppliers are bullish and holding inventories from exporters. The Mitaca is expected in March/April, in good volume but most is
already sold as buyers have been replacing centrals with Colombia.
Quality
Differential
Terms
Location
FOT
FOB
FOB
Vollers Trieste
Buenaventura
Buenaventura
Period
Quantity
Arabica
Excelso EP10 Bucaramanga
Supremo 17/18
Excelso EP10
May14
Jul14
Jul14
+20.00
+22.00
+16.00
Arrived Feb 14
Apr/May 14
Apr/May 14
275
550
1100
Honduras
Internal market remains very firm and differentials stable.
Quality
Differential
Terms
Location
Period
Quantity
Arabica
Honduras stocklot 005, new crop
Honduras stocklot 005, new crop
Honduras stocklot 007, new crop
Honduras stocklot 007, new crop
Terms & Conditions
All offers subject to final confirmation
May14
May14
May14
May14
-23.00
-24.00
-26.00
-26.00
Ricardo Santos
Rupen Soochak
Daniel Clark
Fergus Wilson
FOT
C&F
CIF
C&F
Vollers Hambg
Hamburg
Hamburg
Hamburg
Afloat ETA 28Feb
Mar/Apr 14
Afloat ETA 25Mar
Mar/Apr 14
email: [email protected]
email: [email protected]
email: [email protected]
email: [email protected]
Registered in England No: 2620426
750
1500
550
1100
Mobile: +44(0)758 007 3109
Mobile: +44(0)780 308 5982
Mobile: +44(0)781 456 7516
Mobile: +44(0)755 372 3817
EQUATORIAL TRADERS LTD
Grove House, 55 Lowlands Road, Harrow, Middlesex HA1 3AW, United Kingdom
Tel: +44(0)20 8864 9422
Fax: +44(0)20 8424 0529
Peru
Still quiet with little coffee available.
Quality
Differential
Terms
Location
Period
Quantity
Arabica
Peru type ‘Pisco’
Peru type ‘Lamo’
May14
May14
-32.00
-32.00
FOT
FOT
Molenb Antw
Molenb Antw
Arrived Oct 13
Arrived Oct 13
1620
79.5MT
PNG
Despite strong demand, exporters remain reluctant sellers of new crop, as fly crop arrivals continue to disappoint.
Quality
Differential
Terms
Location
Period
Quantity
Arabica
PNG Y1 type ‘Pino’
PNG Y1 type ‘Pino’
PNG type ‘Yoyo’
PNG type ‘Yoyo’
May14
Jul14
May14
Jul14
+3.00
-5.00
-20.00
-28.00
CIF
FOB
C&F
FOB
Bremen
Lae
Bremen
Lae
Prompt
May/Jun 14
Mar 14
May/Jun 14
960
1920
960 x 55Kg
1920
Others
Quality
Differential
Terms
Location
Period
Quantity
Arabica
Timor AP Gr.1
Timor AP Gr.1
Terms & Conditions
All offers subject to final confirmation
May14
May14
-10.00
-10.00
Ricardo Santos
Rupen Soochak
Daniel Clark
Fergus Wilson
FOT
FOT
Vollers Bremen
Vollers Bremen
Arrived Feb 14
Afloat ETA 10Mar
email: [email protected]
email: [email protected]
email: [email protected]
email: [email protected]
Registered in England No: 2620426
620
620
Mobile: +44(0)758 007 3109
Mobile: +44(0)780 308 5982
Mobile: +44(0)781 456 7516
Mobile: +44(0)755 372 3817