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
- Why can't cappuccinos be made takeout? What is the ratio of coffee to milk in a cappuccino? How thick is the milk foam in capuccino? What does Capuccino mean?
- How to make silky and strong salty mocha coffee? How to make a delicious mocha latte? What is the difference between latte and mocha coffee?
- How to use the Aiyue coffee press machine? Who invented Aiyue Pressure? What is the difference between Aiyue brewed coffee and hand-brewed coffee? What is the principle of coffee extraction from Aiyue Pressure?
- How to make the world's top coffee Yejia Xuefei? What are the characteristics of Yejia Shefi coffee? What is the flavor of Yejia Shefei? How to solve the blockage during lightly baked beans?
- What does long extract coffee mean? What is the difference between long-extract coffee and American coffee? What is the difference between Lungo and American coffee? What is Lungo Coffee?
- What does under-extracted coffee taste like? What are the characteristics of over-extracted coffee? How to tell if coffee is over-extracted or under-extracted?
- Why isn't Dirty hot? What is Dirty in espresso? What should I do with hot Dirty?
- Share the correct way to make hanging ear coffee! How much water should I use to make my ear coffee? How many stages does the water injection of hanging ear coffee need to be divided into? How much water does it take to put in hanging ear coffee? How to m
- Which brand of coffee filter paper is good? How to use hand filter paper? Do you need to wet the filter paper for hand coffee? Does filter paper smell?
- Can ice water be used to make coffee? What degree of water is the most suitable for making coffee by hand? How fine should I use to grind hand-brewed coffee?