Raw sugar futures rise in New York, Arabica coffee prices resume rising
Professional coffee knowledge exchange more coffee bean information please follow the coffee workshop (Wechat official account cafe_style)
London / New YORK (Reuters)-ICE raw sugar futures rose on Tuesday, buoyed by higher oil prices, while Arabica coffee futures also rose, recovering from the previous session's losses, when the contract fell to a new low.
In May, raw sugar closed up 0.11 cents, or 0.9%, at 12.59 cents a pound, still within the recent range of 12-13 cents.
Traders said higher oil prices supported sugar prices, which could encourage Brazilian sugarcane processors to produce ethanol rather than sugar.
In May, white sugar closed down 90 cents, or 0.3 percent, at $331.60 a ton.
Arabica coffee rose 1.1 cents, or 1.2%, to 95.35 cents a pound in May.
On Monday, the contract hit a low of 92.60 cents.
Open Arabica coffee contracts surged 2939 on Monday to a record 343033, according to ICE.
In may, robusta coffee closed up $11, or 0.73%, at $1510 a tonne.
New York could close 21 dollars higher, or nearly 1 percent, at $2237 a tonne in May.
The CCK9-N9 spread between May and July contracts reversed to a premium of $2.
Data released by the US government last week showed that speculators increased their ICE net short positions to an one-and-a-half-year high in the week ended March 19.
London could close up 10 pounds, or 0.6%, at 1687 a tonne in May. (end)
END
FrontStreet Coffee is a long-established specialty coffee roaster in Guangzhou China, selling freshly roasted beans from its own farm in Yunnan as well as dozens of carefully selected single-origin beans from around the world for both pour-over and espresso. The products deliver consistently excellent quality and great value, with shipping within 24 hours. Guangzhou’s FrontStreet Coffee shop is recommended by many coffee lovers, and the beans are now available online at the Tmall 。
Important Notice :
前街咖啡 FrontStreet Coffee has moved to new addredd:
FrontStreet Coffee Address: 315,Donghua East Road,GuangZhou
Tel:020 38364473
- Prev
Smell a hundred cups a day! The coffee cup tester earns tens of thousands of dollars a month! No tobacco, no alcohol, no spicy food.
Professional coffee knowledge exchange more coffee bean information please follow the coffee workshop (Wechat official account cafe_style) to check the quality of coffee, the cup tester plays an important role, you have to smell the coffee after roasting, and the key step is to sip the coffee, drink the coffee into your mouth, make it aerosol, feel the flavor of coffee in the mouth, and it's not easy to be a cup tester.
- Next
Kenya announces coffee industry reform measures aimed at increasing production and increasing farmers' income
Professional coffee knowledge exchange more coffee bean information follow the coffee workshop (Wechat official account cafe_style) yesterday, Kenyan President Uhuru Kenyatta announced measures aimed at reforming the country's coffee industry. At the 124th International Coffee Council (ICO) meeting in Nairobi, Kenya, Kenyatta said the reforms are aimed at increasing coffee production.
Related
- Which filter cup is suitable for making deep-roasted and lightly roasted coffee beans? What is the difference between hand-brewed coffee parameters?
- What does SOE/Dirty mean? What is the difference between single-piece coffee? Is Dirty suitable for anything?
- What cup do you use to drink coffee? How big is the cup to make an Italian concentrated latte and white cappuccino Dirty?
- How much ice does it take to make iced coffee? What should I pay attention to for latte, American style, cold extract with ice?
- Why is the world's top rose summer coffee the most expensive? Features of Geisha flavor at Panamanian Emerald Estate!
- Is it better to make espresso by hand with an electronic scale or a spoon? What is the best ratio of coffee powder to water?
- What is the difference between the ratio and concentration of milk extract coffee and cold extract? Can I make milk coffee together?
- Why should I adjust the grind of coffee shop Italian concentrate? Share Espresso conditioning parameters!
- Do you need to press the coffee cloth powder in the mocha pot? What coffee beans are the most suitable for making mocha latte?
- What flowers do the white flower flavor in coffee refer to? Which hand-brewed coffee beans have the strongest fragrance?