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Indonesia Coffee Crops `Hurting Badly` From Drought: Lerner says


2015-09-24 17:11:01.509 GMT

 

 

By Marvin G. Perez

     (Bloomberg) -- “Southern half to two thirds of Sumatra, almost all of Java and central Sulawesi area all quite dry,”

Drew Lerner, the president of World Weather Inc. in Overland Park, Kan., says in telephone interview

  * While this is the end of dry season, and rains could come later this year, “it`s drier than normal, so it`s very important rains return pretty quickly” to prevent further losses, he says

  * The outlook for the next two weeks is for “the drought to continue” mostly because of the El Nino weather pattern

  * Erratic rains to continue in parts of Colombia, which will probably hurt the mid-crop that`s in midst of cherry setting

  * Rain bringing some relief this wk to Central America, which has been also suffering from dryness

 


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No

Specifications

Quant.
(mts)

Packing

Ship

Price (USD/MT)

1

Vietnam robusta coffee grade 2

5% black & broken

115.2

in bags

Dec – 16

Liffe Mar, 2017  -40      OR 1,990

2

Vietnam robusta coffee grade 1, scr.16

2% black & broken

115.2

in bags

Dec – 16

Liffe Mar, 2017 +5    OR 2,035

3

Vietnam robusta coffee grade 1, scr.18

2% black & broken

115.2

in bags

Dec – 16

Liffe Mar, 2017 +20 OR 2,050

4

Vietnam robusta coffee grade 1, scr.16

0.1% black

115.2

in bags

Dec – 16

Liffe Mar, 2017 +60 OR 2,090

5

Vietnam robusta coffee grade 1, scr.18

0.1% black

115.2

in bags

Dec – 16

Liffe Mar, 2017 +75 OR 2,105

6

Vietnam robusta coffee grade 1, scr.16

Wet polished

115.2

in bags

Dec – 16

Liffe Mar, 2017 +115 OR 2,145

7

Vietnam robusta coffee grade 1, scr.18

Wet polished

115.2

in bags

Dec – 16

Liffe Mar, 2017 +130 OR 2,160

Our offers are based on the following terms and conditions:                                                   

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Producer

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1

SVR CV60

40.32

SW

Dec - 16

1,820.0

VRG

2

Latex HA

64.50

In bulk

Dec - 16

1,240.0

VRG

3

RSS3

80.64

Loose bales

Dec - 16

1,830.0

VRG

(Tay Ninh)

Our offers are based on the following terms and conditions:                                                              

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1

Black Pepper (FAQ, 500g/l)

13.5

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Jun -16

8,190.0

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