Bangalore, MARCH 19:
Arabica Plantation coffees got fewer enquiries from exporters and roasters during the auction of the Indian Coffee Trade Association last week.

According to auctioneer J Thomas & Company, Arabica Cherry coffees got enquiries from the roasters and Robusta Parchment was well received by both exporters and domestic trade. Where as Robusta Cherry got selective enquiries at the Indian Coffee Trade Association (ICTA) auction.

A few lots of Arabica Plantation MNEB and C grade sold at current price levels (Rs 11,100), where as PB, A and B grade received no enquiries. Arabica Cherry PB, A, AA and C grade received few enquiries and sold between Rs 7,200 and Rs 7,800 to mainly the roasters.

Robusta Parchment coffees got good support from the exporters and also from the domestic trade. The price for PB and RKR grade was higher by Rs 100-200/50 kg compared to previous sale; AB, AA and C grade sold at current price levels.

Robusta Cherry C grade sold at current price levels, while other grades remained unsold as seller’s price expectation were higher than the buyer’s interest.

Arabica Plantation, Arabica Cherry and Robusta Parchment BBB price were higher by Rs 200-400/50 kg compared to last levels; Robusta Cherry BBB sold at current price levels.

Following are the prices quoted for grades in 50 kg bags:

Arabica varieties — Arabica Plantation MNEB Rs 11,100-11,200, Arabica Plantation C Rs 9,510, Arabica Plantation BBB Rs 6,400-6,900, Arabica Cherry PB Rs 8,750, Arabica Cherry A Rs 9,500, Arabica Cherry AA Rs 9,600, Arabica Cherry C Rs 6,700 and Arabica Cherry BBB Rs 5,750.

Robusta varieties — Robusta Parchment PB Rs 7,200, Robusta Parchment AB Rs 7,800, Robusta Parchment AA Rs 7,950, Robusta Parchment RKR Rs 7,850 and Robusta Parchment BBB Rs 5,450-5,500, Robusta Cherry C Rs 5,375, Robusta Cherry BBB Rs 5,300-5,325.

anil.u@thehindu.co.in

source: http://www.TheHinduBusinessLine.com / Industry & Economy> Agri-Biz / by Anil Urs / March 19th, 2012