Robusta Coffee Delivery for September Futures Was 19,840 TonsIsis Almeida
Robusta coffee delivered against the expired September futures on NYSE Liffe in London amounted to 1,984 contracts, according to exchange data today.
That equates to 19,840 metric tons and is the biggest delivery since the May contract expired, data on the exchange’s website showed. The September futures expired today at $1,582 a ton, valuing the delivery at about $31.4 million.
Most of the beans delivered, or 79 percent, were from Indonesia, the world’s third-biggest grower of the variety used to make instant coffee and espresso, the data showed. The remainder came from leading producer Vietnam.
Broker ABN AMRO Clearing Bank NV acted on behalf of clients and was both the biggest seller and the biggest buyer, purchasing 1,321 contracts and delivering 1,172 lots, exchange data showed. The delivery amounted to 4,392 contracts when the September 2012 futures expired.