Jan 11, 2016 Coffee Futures & Yunnan Green Bean Prices
If you track global coffee markets or source green beans from Yunnan, you need hard numbers—not estimates. On January 11, 2016, the numbers moved, and traders, roasters, and buyers all asked: What exactly did the C-type futures close at? What were Yunnan farmers getting paid for fresh cherries? Here’s the precise breakdown.
On January 11, 2016, the C-type coffee futures price closed at 114.35¢/lb (about ¥16.522/kg), down 4.65% from the previous day. The day’s range was 113.6¢/lb (¥16.413/kg) to 118.05¢/lb (¥17.056/kg), with an opening price of 118¢/lb (¥17.049/kg). Yunnan local fresh bean prices were reported at 99.82¢/lb (¥14.422/kg) by Nestlé Yunnan.
What Were the International Coffee Futures Prices on January 11, 2016?
The C-type coffee futures— the global benchmark for arabica coffee — closed at 114.35¢ per pound on January 11, 2016. That equates to approximately ¥16.522 per kilogram. The daily trading opened at 118¢/lb (¥17.049/kg), peaked at 118.05¢/lb (¥17.056/kg), and bottomed out at 113.6¢/lb (¥16.413/kg). Compared to the previous day, the price dropped by 4.65%. These figures come directly from the New York Board of Trade (NYBOT), the exchange that publishes official C-type coffee futures data.
How Much Were Yunnan Local Fresh Coffee Beans Worth That Day?
On January 11, 2016, the reported local purchase price for fresh coffee cherries in Yunnan was 99.82¢ per pound, which converts to roughly ¥14.422 per kilogram. This figure was provided by Nestlé Yunnan, reflecting what growers were paid for freshly harvested beans at the origin level in China’s key coffee-growing region.
What Is the Significance of These January 2016 Price Points?
The C-type futures price and Yunnan local green bean price from January 11, 2016, offer a snapshot of the global and local coffee economies at a specific moment. For traders, these figures indicate market sentiment and risk exposure. For roasters and buyers sourcing directly from origin, they reveal the margin spread between global commodity pricing and local grower compensation. The nearly 13¢/lb gap between C-type futures and Yunnan farmgate prices reflects both processing costs and regional market dynamics. The data also highlights the impact of exchange rates and international demand on both ends of the supply chain.
Frequently Asked Questions
What was the closing price of C-type coffee futures on January 11, 2016?
The C-type coffee futures closed at 114.35¢ per pound on January 11, 2016, which is approximately ¥16.522 per kilogram. This figure comes from the New York Board of Trade (NYBOT).
What was the daily price range for C-type coffee futures on that date?
On January 11, 2016, the C-type coffee futures traded between a low of 113.6¢/lb (¥16.413/kg) and a high of 118.05¢/lb (¥17.056/kg). The opening price was 118¢/lb (¥17.049/kg).
How much were Yunnan local fresh beans priced at on January 11, 2016?
Yunnan local fresh coffee bean prices were 99.82¢/lb (approximately ¥14.422/kg) on January 11, 2016, according to data provided by Nestlé Yunnan.
Why was there a difference between the C-type futures price and Yunnan farmgate price?
The difference of nearly 13¢/lb between the C-type futures price (114.35¢/lb) and the Yunnan local fresh bean price (99.82¢/lb) reflects factors such as processing, transportation, local market conditions, and the margin built into the supply chain from farm to global commodity market.
Where do these coffee price figures come from?
The C-type coffee futures price is reported by the New York Board of Trade (NYBOT). The Yunnan local fresh bean price is provided by Nestlé Yunnan. These are the original sources cited in the original Chinese report.
How do these 2016 prices compare to today’s coffee market?
These 2016 prices are historical reference points. While they can’t be directly compared to current values without adjusting for inflation and market shifts, they illustrate the structure of pricing at origin and on the futures market during that period.
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