July 1, 2014 / 12:22 PM / 6 years ago

Indian coffee prices higher at weekly auction

MUMBAI, July 1 (Reuters) - Coffee prices in India edged
higher at a weekly auction on firm overseas leads.
    * In the international markets, Arabica Coffee in New York
spot for July was higher by 13.10 cents per pound.
Robusta coffee price at London July position was higher
by $20 per tonne from last week.
    * Arabica Cherry C grade prices were higher by 100 rupees
per 50 kg, while Arabica Cherry BBB prices were higher by 125
rupees per 50 kg.
    * A total quantity of 197,220 kgs was on offer. Arabica
Coffee offered was 140,988 kgs, while Robusta Coffee was 56,232
kgs. Approximately 51,000 kgs was sold.
    
    =================================
    Price range per 50 kgs
    New season (2013-14) crop
    =================================
    Arabica plantation
    PB               12,800-13,250
    A                13,000-13,640
    AA               13,200-13,850
    B                12,300-12,550
    
    Robusta Parchment
    PB                8,900
    AB                9,100
    AA                9,400
    C                 8,300
    
    Arabica cherry
    PB                8,800-9,400
    AB                8,850
    C                 7,000
    BBB               6,500-6,775
    ======================================

 (Reporting by Siddesh Mayenkar; Editing by Prateek Chatterjee)
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