As of September 9, 2024, coffee prices in Sumatera Utara, as reported by the Association of Indonesian Coffee Exporters and Industries (AEKI), reflect global market trends. These price updates, sourced from Barchart.com, show significant growth in both Arabica and Robusta varieties. Below is the latest market analysis based on AEKI’s data.
1. Arabica Coffee Price Update
Arabica coffee prices have shown strong growth across key contract periods:
- September 2024 Contract closed at 249.45s, increasing by 9.40 points (+3.92%).
- December 2024 Contract finished at 245.40s, rising by 9.40 points (+3.98%).
- March 2025 Contract settled at 243.45s, with an increase of 8.90 points (+3.79%).
These gains suggest sustained demand and potential supply constraints as we approach the end of the year, making Arabica a robust performer in the current market.
2. Robusta Coffee Price Update
Robusta coffee also saw significant price increases:
- September 2024 Contract reached 5,310s, gaining 122 points (+2.35%).
- November 2024 Contract closed at 4,891s, with an increase of 121 points (+2.54%).
- January 2025 Contract rose to 4,676s, up by 121 points (+2.66%).
This strong performance in Robusta prices reflects the variety’s global demand, especially in price-sensitive markets.
3. USD to IDR Exchange Rate Update
In addition to coffee prices, the exchange rate between the US Dollar and Indonesian Rupiah (IDR) has experienced a slight decline:
- USD to IDR Exchange Rate stands at 15,426, down by 36 points (-0.23%).
This information, provided by AEKI Sumatera Utara, indicates that a weaker Rupiah could potentially benefit coffee exporters, though it might also affect import-related costs.
The latest coffee price updates from AEKI Sumatera Utara, based on worldwide market data from Barchart.com, show strong gains for both Arabica and Robusta varieties. These upward trends highlight favorable market conditions for Indonesian coffee producers, particularly in Sumatera Utara. Keeping track of global price movements will be crucial as the market continues to evolve, providing opportunities for exporters and industries to maximize their potential.
