ICE cocoa futures are down 4% this week. Arabica coffee futures are lower.
New YORK / London (Reuters)-ICE cocoa futures fell on Friday, their lowest weekly decline since June 2013, on rising expectations of a glut. Arabica coffee futures fell as the industry raised expectations for the 2014 15-year harvest in Brazil, the largest grower.
ICE raw sugar futures hit a seven-month low with volume, with a large number of spot deliveries expected for October contracts that expire this month due to oversupply.
ICE- December cocoa futures hit a more than one-month low of $3094, closing down $30, or nearly 1 per cent, at $3102 a tonne.
The contract closed down 4% this week, extending last week's decline from a three-year high.
Liffe- December cocoa futures closed down 11 pounds, or 0.6 percent, at 1983 a tonne.
ICE- December Arabica coffee futures fell 4.4 cents, or 2.2%, to close at $1.9805 a pound after Volcafe slightly raised Brazil's 2014 / 15 coffee production forecast.
Liffe- November Robusta coffee futures closed down $12, or 0.6%, at $2079 a tonne.
Volcafe expects Vietnam to produce 28.5 million packs of robusta coffee in 2014 / 15, down from 30 million in the previous season.
ICE- October raw sugar futures fell 0.13 cents, or 0.9%, to close at a seven-month low of 15.00 cents, the sixth straight week of decline this week.
Liffe- October sugar futures closed down $1.70, or 0.4%, at $415.90 a tonne.
- Prev
Chengdu has opened more than 20 Korean coffee shops in the past two years. There is a big contradiction among the franchisees.
Like Professor du's coat, Chin Songyi's high heels and handbags, in those years, with the help of one or two popular South Korean dramas, a number of related products are bound to become the new darling of thousands of viewers. Now, following the popularity of movies and TV dramas and clothing in mainland China, there is also a Korean wave in the coffee shop market. A few days ago, RET Ruiyide China Commercial Real Estate Research Center released the first "Korean system"
- Next
The rigid demand for coffee consumption in China has not yet been formed?
Every morning, Hu Ding, a 34-year-old highway architect, drinks a cup of homemade espresso, a mellow taste as fascinating as good wine. Like many coffee lovers in China, Hu Ding's road to coffee begins with instant coffee, but since he tasted the rich taste of freshly ground coffee, his life is no longer without this rich and mellow taste.
Related
- The more you look at it, the weirder it becomes?! Lucky linkage cup print three-eyed Tom Cat!
- Self-delivery modification was rejected! Customers come to the door and throw coffee angrily?!
- What degree of grind should I use to make coffee by hand? How fine should the coffee powder be ground with cold ice drops? What is the No. 20 screen? How fine are the grains of fine sugar? What is the appropriate grind for the espresso?
- Why is coffee bean watches always oily? Are the oil out of the coffee beans stale? Are oily coffee beans of higher quality? What is the difference between deep and light coffee?
- How long is the taste period for coffee? How long is the best time to finish your coffee? How long can coffee stay in a thermos cup? What is the best degree of hand-brewed coffee?
- Pour out all the raw materials! Many Lucky products are off the market!
- "Haidilao in the milk tea industry" Kawangka quietly increases its prices again! Netizen: No more drinking!
- Ask for 20,000 yuan! Coffee shop managers trick employees into fake marriages?!
- Milk tea takeout "strong" with 10 packs of tissue?! User: No collection or delivery
- Which is sour, deep-roasted or lightly roasted coffee? Do people who know coffee want light or deep roast? What is the difference in the degree of roasting coffee? What is the difference between lightly roasted coffee and deeply roasted coffee?