Coffee Historical Price Charts – Coffee Price History
Coffee is a drink brewed from roasted coffee beans that come from the berries of certain coffee varieties. When the coffee berries change from green to bright red, they are picked, processed and dried. Then the dried coffee seeds (referred to as “beans”) are roasted to differing degrees to get various flavors. The roasted beans are ground and then brewed with near-boiling water to make the drink known as coffee.
Coffee is dark in color, bitter and slightly acidic, and it has a stimulating effect on the human body, mainly due to its caffeine content. It is one of the most popular drinks throughout the world, and it can be brewed and served in various ways, for example, as espresso, French press, caffè latte or filter coffee. It is normally served hot, although chilled or iced coffee is common, especially in summer. Sugar, sugar substitutes, milk or cream are usually used to reduce its bitter taste.
Historical Data Table:
Coffee Historical Price Data
Jan 11, 2021 | 121.45 | 122.30 | 123.20 | 118.75 | 21.76K |
Jan 08, 2021 | 123.70 | 120.30 | 124.05 | 119.20 | 23.80K |
Jan 07, 2021 | 121.10 | 121.00 | 122.75 | 119.35 | 17.99K |
Jan 06, 2021 | 120.90 | 125.10 | 125.55 | 120.60 | 27.25K |
Jan 05, 2021 | 125.10 | 125.95 | 126.55 | 122.30 | 22.17K |
Jan 04, 2021 | 126.15 | 128.40 | 129.40 | 125.25 | 21.81K |
Dec 31, 2020 | 128.25 | 125.70 | 129.00 | 125.60 | 15.66K |
Dec 30, 2020 | 125.40 | 125.30 | 126.75 | 124.65 | 10.92K |
Dec 29, 2020 | 125.40 | 123.95 | 125.90 | 123.20 | 11.05K |
Dec 28, 2020 | 123.35 | 125.75 | 126.50 | 121.50 | 13.62K |
Dec 24, 2020 | 125.95 | 124.50 | 127.65 | 124.50 | 8.99K |
Dec 23, 2020 | 124.55 | 124.05 | 125.95 | 123.90 | 10.04K |
Dec 22, 2020 | 124.20 | 123.90 | 126.60 | 122.90 | 15.06K |
Dec 21, 2020 | 124.30 | 124.25 | 125.45 | 120.40 | 19.30K |
Dec 18, 2020 | 123.70 | 126.30 | 127.80 | 123.68 | – |
Dec 17, 2020 | 125.05 | 126.30 | 126.30 | 125.00 | 0.00K |
Dec 16, 2020 | 125.05 | 126.00 | 126.00 | 126.00 | 0.03K |
Dec 15, 2020 | 123.10 | 124.55 | 124.55 | 124.55 | 0.01K |
Dec 14, 2020 | 123.55 | 122.50 | 123.85 | 122.50 | 0.00K |
Monthly Change:
Date | Price | Open | High | Low | Change % |
Jan 21 | 121.45 | 128.25 | 129.40 | 118.75 | 21.76K |
Dec 20 | 128.25 | 120.20 | 129.00 | 114.75 | 104.84K |
Nov 20 | 120.70 | 103.90 | 121.40 | 102.15 | 269.57K |
Oct 20 | 104.40 | 110.95 | 113.35 | 102.95 | 388.63K |
Sep 20 | 110.95 | 132.25 | 134.50 | 108.30 | 179.06K |
Aug 20 | 129.80 | 118.20 | 130.80 | 109.70 | 293.81K |
Jul 20 | 118.95 | 102.80 | 119.40 | 95.45 | 217.87K |
Jun 20 | 100.05 | 95.85 | 101.45 | 92.70 | 290.45K |
May 20 | 96.30 | 104.25 | 109.40 | 95.85 | 145.97K |
Apr 20 | 104.65 | 117.75 | 122.00 | 102.65 | 204.47K |
Mar 20 | 119.55 | 112.75 | 130.65 | 102.80 | 165.24K |
Feb 20 | 110.10 | 102.00 | 111.50 | 97.40 | 338.35K |
Jan 20 | 102.65 | 129.55 | 130.95 | 100.15 | 480.13K |
Dec 19 | 129.70 | 118.00 | 138.40 | 118.00 | 154.74K |
Nov 19 | 118.55 | 102.15 | 118.00 | 101.10 | 422.64K |
Oct 19 | 101.95 | 101.05 | 102.90 | 92.20 | 553.71K |
Sep 19 | 101.15 | 101.15 | 102.90 | 97.25 | 148.51K |
Aug 19 | 93.60 | 97.85 | 98.95 | 89.60 | 334.98K |
Jul 19 | 99.65 | 112.55 | 113.05 | 98.10 | 194.04K |
Jun 19 | 108.25 | 104.85 | 109.00 | 94.00 | 440.76K |
May 19 | 104.60 | 91.70 | 105.30 | 86.75 | 290.92K |
Apr 19 | 91.85 | 94.05 | 96.95 | 86.35 | 495.27K |
Mar 19 | 94.50 | 97.50 | 97.50 | 92.60 | 187.25K |
Feb 19 | 95.20 | 106.15 | 107.00 | 93.60 | 330.46K |
Why is coffee important to traders?
The reason could be associated with the huge number of users. As per the latest data, around 2.25 billion cups of coffee are consumed daily, making coffee beans one of the most traded soft commodities globally. As of now, the coffee market is worth about $ 100 billion annually. As a result, it has become one of the most interesting yet volatile investment tools to trade. While some use coffee futures and options to hedge their portfolio, others speculate with it.
Why do investors prefer to trade in coffee?
There are many major reasons for trading in coffee. Let me share some of the most common factors:
- Diversification
Diversification is seen as one of the key factors behind the coffee demand in the forex market. The presence of coffee in an equity-only portfolio can lower the volatility, due to the absence of a correlation between this commodity and other asset classes.
- Safe Haven
Commodities can act as safe-haven assets, which provide traders with protection against inflation and a declining US dollar in times of global economic uncertainty and market turbulence, like the coronavirus crisis.
- Speculation on coffee prices
Commodities can be highly volatile, experiencing excessive price swings. Trading coffee CFDs is one way to try and profit from drastic silver price fluctuations.
Coffee trading requires some attention, due to the occasional high volatility of the market and a wide choice of available instruments, from coffee derivatives, such as futures and options, to shares in companies involved in the industry.
What factors influence coffee prices?
Trading in coffee comes with a certain degree of volatility, with key factors that influence supply and demand, for example:
- Climate changes: Coffee grows on small trees, which means the crop is susceptible to adverse weather conditions, such as freezing, frost and prolonged periods of dry weather. If supply levels lessen, due to ruined crops, prices will rise; conversely, and if the supply increases, the prices will decrease.
- Oil prices: the two leading exporters of coffee (Brazil and Vietnam) are not exactly next door to the world’s largest importers. If oil prices go up, transport costs will increase, which means coffee prices will rise too.
- Geopolitics: As we know, coffee is mainly grown in developing countries; consequently, any political uncertainty can impact global coffee prices.
- Discretionary income: Coffee is not compulsory for a person’s diet (no matter how much we try to argue that it is). High unemployment in the US and the EU can decrease coffee consumption.
How can we trade in coffee:
There are several ways to trade in coffee using the CMC Markets CFD Trading platform:
- Coffee futures: The standard futures contract is the most common trading method for coffee. This is where you agree to exchange a quantity of coffee with another party at a predetermined future date and price. If coffee doesn’t get your blood pumping, perhaps futures will, as coffee futures can make wide swings within each trading day.
- Coffee options: Some people favor options in this market, as it can give you a bit more of a buffer against price volatility. With the use of options, the holder doesn’t have to buy or sell the asset if they don’t wish to.
- Coffee ETFs: The ETF is an investment fund that follows the performance of the coffee market directly. It can be purchased and sold on a securities exchange. This method can give investors exposure to coffee futures without the need for a more complicated futures account.
- Coffee company stocks: Traders can also invest in a coffee company, such as Dunkin’ (DNKN) and Starbucks (SBUX). Just four companies, Sara Lee, Procter & Gamble, Nestle and Kraft buy almost 50 percent of all the coffee produced worldwide.