Coffee prices in India edged higher at a weekly auction, helped by overseas leads and firm export demand. Arabica Plantation PB price were higher by 1,950-2,020 rupees per 50 kgs, A and AA grade price were higher by 1,500- 1,625 per 50 Kgs, B grade price were higher 1,650-1,750 per 50 kgs.
Robusta Parchment AA and RKR price were higher 550-600 rupees per 50 kgs. Arabica Coffee in New York for May delivery was higher 27.15 cents per pound. Robusta coffee in London for May was higher by $121 per tonne on week. About 78,000 kg coffee of the total 244,256 kg on offer was sold. Arabica accounted for 121,281 kg, while robusta made up 122,975 kg.
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