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Last update: Tue, 09 Feb 2016 10pm

Indian coffee prices rise

Coffee prices in India rose marginally at last week's auction, helped by firm overseas leads and rising export orders. About 70,000 kg of coffee from the total 277,173 kg on offer were sold. Arabica coffee accounted for 159,828 kg, while robusta made up 117,345 kg. Arabica Cherry PB and C prices were higher by 100 rupees per 50 kgs.

International coffee prices in New York for December delivery were marginally higher by 0.65 cents per pound. Robusta coffee prices in London for January were higher by $83 per tonne.

In the export market, coffee exports from October 1 to December 5 rose to 43,868 tonnes from 33,335 tonnes in the year-ago period.

Copyright Reuters, 2013