Daily Coffee Market Bulletin

December 02, 2009 Daily Coffee Market Bulletin Issue 16, Quarter IV, 2009 Market @ a Glance ECX Coffee Index* Today Overall Composite Washed Unwash...
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December 02, 2009

Daily Coffee Market Bulletin

Issue 16, Quarter IV, 2009

Market @ a Glance ECX Coffee Index* Today Overall Composite Washed Unwashed Local

105.69 97.00 208.00 112.00

Previous Day

%change

104.38 97.00 202.00 114.00

1.24 0.00 2.88 -1.79

*The ECX Coffee Index tracks relative changes in price and quantity since the launch of coffee trading on December 2nd 2008. An initial base value of 100 was used as benchmark.

ECX Spot Price –01.12.2009 ECX Washed Export Coffee Volume & Value Performance Market Share in %

Traded Product Washed Index Limmu Sidama Yirgacheffe Total for the day

Today Weighted Average Price/ton* 97.00 506.00 602.00 616.00

Previous Day Weighted Average price 97.00 504.00 600.00 589.00

Value in ETB Change % 0.00 0.51 0.42 4.50

Volume in ton

249.90 107.10 17.85 374.85

Volume

7,431,750.00 3,789,750.00 646,500.00 11,868,000.00

Value

67 29 5 100

63 32 5 100

ECX Speciality Washed Export Coffee Volume & Value Performance Market Share in %

Traded Product Sidama Yiracheffe Total for the day

Today Weighted Average Price* 605.00 608.00

Previous Day Weighted Average price 608.00 670.00

Change %

Volume in ton 56.10 68.85 124.95

Value in ETB 1,996,500.00 2,461,800.00 4,458,300.00

Volume

Value

45 55 100

45 55 100

ECX Unwashed Export Coffee Volume & Value Performance Market Share in %

Traded Product Unwashed Index Forest Harar Lekempti Total for the day

Today Weighted Average Price* 208.00 567.00 775.00 580.00

Previous Day Weighted Average price 202.00 545.00 775.00 570.00

Volume in ton

Value in ETB

Change % 2.88 3.88 0.00 1.72

Volume 43.35 5.10 10.20 58.65

1,320,000.00 232,500.00 348,000.00 1,900,500.00

Value

74 9 17 100

69 12 18 100

1 Ethiopia Commodity Exchange (ECX), Alsam Chelelek Tower 2, Telephone:+251 554 7001, Fax: + 251-11- 554 7010, E-mail: [email protected], Website: www.ecx.com.et, P.O.Box 17341, Addis Ababa, Ethiopia.

Daily Coffee Market Bulletin

December 02, 2009

ECX Local Use Coffee Volume & Value Performance Market Share in % Today Weighted Average Price*

Previous Day Weighted Average price 114.00 336.00 390.00 305.00 312.00

Volume in ton Value in ETB Change % Traded Product Volume Value Local Index Unwashed Byproduct 365.00 8.17 63.75 1,368,000.00 37 42 Unwashed Forest 263.00 -48.08 61.20 948,150.00 35 29 Unwashed Jimma 265.00 -15.09 15.30 238,500.00 9 7 Washed Byproduct 333.00 6.57 34.19 669,372.00 20 21 Total for the day 174.44 3,224,022.00 100 100 *The Weighted Average Price for each traded coffee type is calculated dividing the total transaction value by total transaction volume.

ECX Export Parity Price Comparison to International Futures & Spot Prices ECX Spot Price Vs. ICE Futures (March Delivery) *ECX Washed *ECX Unwashed Weighted Average Price Comparison to ICE Comparison to ICE in US Cents/lb ECX Washed ECX Unwashed ICE Futures in % in % Previous day Weighted Average Price 135.15 134.63 138.75 -2.66 -3.06 Today Weighted Average Price 127.85 130.55 143.00 -15.15 -8.71 The ECX Washed and Unwashed Weighted Average Prices in comparison with ICE Futures are Export Parity Prices that include 13 US Cents/ Lb on top of the weighted average price at the exchange floor for costs incurred to process and export to international markets. Exchange rate : 1USD = 12.50 ETB

2 Ethiopia Commodity Exchange (ECX), Alsam Chelelek Tower 2, Telephone:+251 554 7001, Fax: + 251-11- 554 7010, E-mail: [email protected], Website: www.ecx.com.et, P.O.Box 17341, Addis Ababa, Ethiopia.

December 02, 2009

Daily Coffee Market Bulletin

ECX Washed & Unwashed Export Parity Vs. Colombian Mild & Brazilian Naturals Spot Prices ECX Washed* US ¢/lb Previous Day Weighted Average Price for ECX Today Weighted Average Price for ECX

Colombian Mild US ¢/lb

ECX Washed Vs. Colombian Mild in %

Brazilian Naturals US ¢/lb

ECX Unwashed** US ¢/lb

ECX Unwashed Vs. Brazilian Naturals in %

141.03 (Sidama)

177.24

-25.70

-

126.73

-

141.46 (Sidama

182.35

-28.90

-

132.11

-

*Price of ECX Washed referes to Colombian Mild Equivalent is blend of all grades of one of the following coffee types with certain +/- price margin on ICE FUTURES: Limmu & Sidama **ECX Unwashed Brazilian Equivalent is blend of all grades of one of the following coffee types: Jimma and Sidama with certain minus price margin on ICE FUTURES

Commentary: 25 types of regular and 5 types of specialty added up to 732.89 tons were traded for the day for a total woth of around 26.5 mil ETB. Washed led all categories with 51% of the transaction volume and 55% of the transaction value. Followed by Washed was Local Use Coffee that controlled 24%/15% of the volume and the value market share with 174.44 tons of coffee for 3.22 mil ETB. Unwashed had been still dwarfed with 58.65 tons Speciality finished third with 124.95 tons with 4.5 mil ETB. ICE Arabica futures registered the record high for the month of December with concerns of low supply as suppliers from Central and South America project low supply in the 2009/2010 production year. Coffee News/Events: Dow Jones News Wire, Dec 2, 2009: Coffee production from Costa Rica's 2009-10 harvest through Oct. 31 was down 40% at 134,162 60-kilogram bags, the Costa Rican Coffee Institute, or Icafe, said Wednesday. Dow Jones News Wire, Dec 2, 2009: Concerns about world coffee supplies lifted ICE Futures U.S. Arabica coffee prices higher Wednesday as speculators bought bullish positions. Most-active March coffee settled up 100 points at $1.4370 a pound and the nearby December contract settled 70 points higher at $1.4320 Palmoil News Analysis, Dec 2, 2009: Late rains will cut India's coffee output by up to 7% from a previous government estimate of 306,300 metric tons during the crop year that began Oct. 1, a senior industry official said Thursday

3 Ethiopia Commodity Exchange (ECX), Alsam Chelelek Tower 2, Telephone:+251 554 7001, Fax: + 251-11- 554 7010, E-mail: [email protected], Website: www.ecx.com.et, P.O.Box 17341, Addis Ababa, Ethiopia.

December 02, 2009

Daily Coffee Market Bulletin ECX Spot Trading – 02.12.2009 Coffee Type

Symbol & Grade

Opening Price

Closing Price

Intraday Change

% change from previous close

Day High

Day Low

Volume in Ton

Washed Limmu A (New Crop)

2WLMA3

505

505

0

0.00

505

505

117.60

Limmu A (New Crop)

2WLMA4

500

498

-2

-0.40

500

495

91.80

Limmu B (New Crop)

2WLMB3

555

555

0

1.83

555

555

25.50

Limmu B (New Crop)

2WLMB4

545

545

0

-0.91

545

545

15.30

Sidama A (New Crop)

2WSDA3

615

615

0

0.00

615

615

34.20

Sidama A (New Crpp)

2WSDA4

605

605

0

-6.92

605

605

12.60

Sidama B ( New Crop)

2WSDB4

605

605

0

-6.92

605

605

25.21

Sidama B (New Crop)

2WSDB5

550

550

0

--

550

550

8.99

Sidama C (New Crop)

2WSDC4

595

595

0

-0.83

595

595

10.80

Yirgacheffe A (New Crop)

2WYCA3

620

620

0

0.81

620

620

7.21

Yirgacheffe B (New Crop)

2WYCB4

610

610

0

2.18

610

610

10.64 374.85

2WKCBQ

610

610

0

-

610

610

25.50

2WSDAQ

605

605

0

-0.82

605

605

43.35

2WSDBQ2 2WYCBQ2 2WGABQ

605 607 606

605 607 606

0 0 0

-0.49 0.81 2.18

605 607 606

605 607 606

12.75 25.50 17.85 124.95

ULK7 UHRB5 1UFRUG 1UFRA9

580 775 500 525

580 775 500 525

0 0 0 0

-0.85 0.00 -8.26 1.74

580 775 500 525

580 775 500 525

10.2 5.10 12.75 30.60 58.65

LUBP2 LUBP3 LUBP4 LUFR4 LUFR5A LUFR5B LUJM3 LUJM5C LWBP3 LWBP4

426 353 320 272 240 235 320 155 336 325

426 319 326 272 240 235 320 155 336 325

0 -34 3 0 0 0 0 0 0 0

5.19 -5.06 5.16 -15.00 -2.04 0.00 -27.60 -8.82 5.00 4.00

426 353 326 272 240 235 320 155 336 325

415 319 320 272 240 235 320 155 336 325

25.5 15.30 22.95 45.90 7.65 7.65 10.20 5.10 13.39 10.80 174.44

Sub Total

Specialty Kochere B (New Crop) Sidama A Specialty (New Crop) Sidama B Specialty (New Crop) Yirgacheffe B Speciality 02 Gelena Abaya (New Crop) Sub Total

Unwashed Lekempti Harar B Forest (New Crop) Forest A Sub Total

Local Unwashed Byproduct Unwashed Byproduct Unwashed Byproduct Unwashed Forest Unwashed Forest Unwashed Forest Unwashed Jimma Unwashed Jimma Washed Byproduct Washed Byproduct Sub Total

Grand Total

4 Ethiopia Commodity Exchange (ECX), Alsam Chelelek Tower 2, Telephone:+251 554 7001, Fax: + 251-11- 554 7010, E-mail: [email protected], Website: www.ecx.com.et, P.O.Box 17341, Addis Ababa, Ethiopia.

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