The price of coffee and raw beans fell sharply in 2018, reaching a new low of 10 years.

Professional coffee knowledge exchange more coffee bean information please follow the coffee workshop (Wechat official account cafe_style)

Sugar and coffee prices have fallen to their lowest levels in more than a decade as traders withdraw from commodity markets and look for safer assets.

Sugar futures on the Interstate Futures Exchange fell 1.17% to 10.18 cents a pound on Friday, the lowest close since June 2008, while coffee futures fell 0.49% to $1.012 a pound, the lowest close since 2006. In addition, the futures prices of other soft commodities such as cotton and frozen concentrated orange juice also closed black this week.

Turmoil in emerging market currency markets and investor concerns about the health of the global economy heightened this week, with selling pressure on natural resources such as oil and copper. Many agricultural commodities come from countries with depreciating currencies, and the supply of these raw materials is at an all-time high. Sugar prices have fallen more than 30% this year, making it the worst-performing commodity in 2018.

Mike Seery, president of consultant SEERY FUTURES, said: "at present, market demand is weak and supply exceeds demand, while global production is at a record high. At present, there is no reason to look at sugar, except that the price is very low. "

Analysts point out that many investors have given up betting on agricultural prices this week and shifted their money into lower-risk assets such as US equities, US Treasuries and the dollar. The dollar index, which tracks the dollar against six major currencies, has risen nearly 1.2 per cent over the past month, and a stronger dollar usually makes dollar-denominated goods less attractive.