Jan 6, 2016: Global Coffee Futures & Yunnan Green Bean Prices
If you buy green coffee or track global commodity trends, you’ve likely asked: What were coffee prices really doing on January 6, 2016? That day, both international futures and local Yunnan green bean values shifted—and knowing the exact numbers helps put today’s market in context.
On January 6, 2016, C-type coffee futures closed at 123.15 US cents per pound (about 17.67 RMB/kg), down 0.75% from the previous day. The day’s range was 121.75–125.1¢/lb (17.469–17.95 RMB/kg), with an opening price of 123.9¢/lb (17.777 RMB/kg).
What Were C-Market Coffee Futures Doing That Day?
The C-type (Arabica) coffee futures price is the global benchmark, traded on the New York Futures Exchange (NYBOT). On January 6, 2016, the closing price was 123.15 US cents per pound, equivalent to roughly 17.67 RMB per kilogram. That day’s trading opened at 123.9¢/lb (17.777 RMB/kg), peaked at 125.1¢/lb (17.95 RMB/kg), and bottomed at 121.75¢/lb (17.469 RMB/kg). Compared to the prior day, the market fell 0.75%. These figures come directly from the New York Futures Exchange.
How Much Were Local Yunnan Green Beans Worth?
While global futures set the tone, local sourcing tells another story. On the same date, January 6, 2016, the fresh green bean purchase price reported by Yunnan Nestlé was 108.52 US cents per pound. That converts to about 15.57 RMB per kilogram. This local figure reflects what processors paid for freshly harvested beans in Yunnan, a major growing region.
Why Does the Price Difference Matter?
The gap between the C-market futures (123.15¢/lb) and Yunnan’s local green bean price (108.52¢/lb) highlights the spread between global commodity pricing and regional farmgate or processor rates. That 14.63¢/lb difference can influence grower margins, export decisions, and the economics of local roasting. For anyone tracking cost structures or origin economics, these numbers provide a snapshot of January 6, 2016.
Frequently Asked Questions
What was the C-market coffee futures price on January 6, 2016?
On January 6, 2016, the C-type coffee futures price closed at 123.15 US cents per pound, which is approximately 17.67 RMB per kilogram. The day’s trading ranged from 121.75¢/lb (17.469 RMB/kg) to 125.1¢/lb (17.95 RMB/kg), with an opening price of 123.9¢/lb (17.777 RMB/kg).
Did the coffee futures price go up or down that day?
The C-market coffee futures price fell by 0.75% on January 6, 2016, compared to the previous trading day. The closing price was 123.15¢/lb, down from the prior close.
What was the local green bean purchase price in Yunnan on January 6, 2016?
On January 6, 2016, the local green bean purchase price in Yunnan, as reported by Nestlé, was 108.52 US cents per pound. This equates to around 15.57 RMB per kilogram.
Why was there a difference between the C-market price and Yunnan’s local price?
The difference—approximately 14.63¢/lb or roughly 2.09 RMB/kg—reflects the gap between global commodity futures pricing and the regional farmgate or processor green bean rates in Yunnan. This spread can affect grower returns and export economics.
Where do these coffee price figures come from?
The C-market futures price is sourced from the New York Futures Exchange. The Yunnan local green bean purchase price is provided by Yunnan Nestlé. Both figures are specific to January 6, 2016.
Recommended FrontStreet Beans for Market Context
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