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The Average Arbitrage in January, Rose by 8.1% to 67.05 US cents/lb in New York and London Markets

The Average Arbitrage in January Rose by 8.1% to 67.05 US cents/lb in New York and London Markets

February 4- 2021 Coffee Geography Magazine

Stocks of certified Arabica increased  by 15.1% to 1.75 million bags in January 2021,  which is the  fourth  consecutive month  of increase.  Certified Robusta  stocks amounted to 2.4 million bags, 3.9% higher than in December 2020.

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The volatility of the ICO composite indicator price decreased by 1.4 percentage points to 7% as the volatility for all Arabica indicators decreased, while the volatility for Robusta prices was 7.7%, 1.6 percentage points higher than in December 2020. The volatility for Colombian Milds fell by 1.9 percentage points to 6.7%, for Other Milds by 2.1 percentage points to 7.1%. and for Brazilian Naturals by 2.9 percentage points to 9.3% in January 2021.

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