{"id":7501,"date":"2020-08-04T09:36:27","date_gmt":"2020-08-04T09:36:27","guid":{"rendered":"https:\/\/bartalks.net\/?p=7501"},"modified":"2021-08-19T16:56:44","modified_gmt":"2021-08-19T16:56:44","slug":"robusta-coffee-prices-most-significant-monthly-gain-in-a-decade","status":"publish","type":"post","link":"https:\/\/bartalks.net\/robusta-coffee-prices-most-significant-monthly-gain-in-a-decade\/","title":{"rendered":"ROBUSTA COFFEE PRICES MOST SIGNIFICANT MONTHLY GAIN IN A DECADE"},"content":{"rendered":"\n

Robusta coffee prices have the most significant monthly gains in a decade amid signs that the COVID-19 pandemic is stimulating demand.<\/p>\n\n\n\n

Nestle SA reported higher sales amid strong demand for coffee in home offices. Sales of its Starbucks-brand coffee products rose more than 10%, while Nespresso had mid-single-digit growth.<\/p>\n\n\n\n

Robusta coffee futures have surged about 16% in London this month, the biggest gain for a most-active contract since June 2010 amid a shift toward home coffee consumption.<\/p>\n\n\n\n

Worldwide lockdowns that shocked coffee shops, restaurants and offices have supported the demand for robusta beans, typically favoured to brew instant coffee at homes.<\/p>\n\n\n\n

Nestle results provide confirmation at-home sales is doing very well. It was priced in to some extent, based on IRI data from the U.S., but this is more global.<\/p>Carlos Mera, an analyst at Rabobank in London<\/cite><\/blockquote>\n\n\n\n

According to Rabobank<\/a>, Robusta spreads have firmed up, and its certified stockpiles have fallen to the lowest since the start of last year.<\/p>\n\n\n\n

Critics covering their contrary positions have also helped prices surge in recent weeks. Smaller robusta crops expected in Brazil and Vietnam in the 2020-21 season are also optimistic for prices.<\/p>\n\n\n\n

Robusta futures for September delivery rose 2.4% in London to $1,376 a ton. In New York, Arabica coffee for September delivery increased by 3.4%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Robusta coffee prices have the most significant monthly gains in a decade.<\/p>\n","protected":false},"author":7,"featured_media":7568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[3],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/posts\/7501"}],"collection":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/comments?post=7501"}],"version-history":[{"count":0,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/posts\/7501\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/media\/7568"}],"wp:attachment":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/media?parent=7501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/categories?post=7501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/tags?post=7501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}