Outside morning review: cocoa futures hit a three-and-a-half-year high Arabica coffee futures rose sharply
New YORK / London (Reuters)-Cocoa futures jumped on Wednesday, returning to a three-and-a-half-year high on fears that the spread of Ebola in West Africa could drag down exports from the world's largest cocoa-producing region.
ICE Arabica coffee futures jumped nearly 5%, helped by technical buy signals and concerns about recent dry weather in Brazil, the largest grower of coffee beans. Benchmark raw sugar futures fell to rise as Brazil's latest harvest report showed a slowdown in sugarcane crushing.
ICE December cocoa futures closed up $74, or 2.2%, at $3371 a tonne on concerns about the spread of Ebola to C ô te d'Ivoire (Ivory Coast), hitting an intraday high of $3379 since May 2011. The contract fell on Tuesday after seven consecutive days of gains.
London Liffe- March cocoa futures closed up 45 pounds, or 2.2%, at 2112 pounds a tonne, hitting the highest level of 2114 pounds since March 2011.
ICE- December Arabica coffee futures jumped 8.20 cents, or 4.5%, to close at $1.891 a pound and jumped 4.9% to $1.898 during the day.
Liffe- November Robusta coffee futures closed up $36, or 1.9%, at $1965 a tonne.
ICE- October sugar futures closed up 47 cents, or 3.3%, at 14.62 cents a pound, while the October / March contract discount SB-1=R narrowed to 1.28 cents from 1.54 cents on Tuesday. The October contract expires on Sept. 30.
The most actively traded March raw sugar contract fell to a rise, closing up 0.17 cents, or 1.1%, at $15.90 per pound.
Liffe- December sugar futures closed up $3.40, or 0.8%, at $415.50 a tonne.
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
ASEAN Coffee goes northward to enter the Chinese Market
Chinanews.com, Nanning, September 19 / PRNewswire-Asianet /-- the 11th China-ASEAN Expo was held in Nanning, Guangxi, from September 16 to 19. During this period, many coffee merchants from ASEAN countries and their agents in China exhibited and introduced coffee from ASEAN countries, trying to seize the Chinese market.
- Next
Scientists propose new way to fight coffee leaf rust
Coffee scientists from all over the world have come to Colombia's Eje Cafetero region, a hillside populated by thousands of small coffee farmers.
Related
- Characteristics of the origin and production areas of fine coffee in Africa Introduce the characteristics of the world's three major coffee-producing countries
- Why is the flow rate of hand-brewed coffee sometimes fast and sometimes slow? Relationship between coffee bean hardness and altitude roasting method
- Iced Coffee Daquan Detailed Tutorial Steps Fei: The difference between full ice, normal ice, less ice, and ice-free American style
- Hand-brewed coffee powder pit judges extraction problem What is the reason why coffee grounds are layered? How to solve the problem?
- What should I do if cold extracted coffee is too bitter or too sour? Analysis of the causes of over extraction and insufficient extraction of iced coffee
- Why doesn't homemade lattes taste like coffee? Latte beans and milk shopping guide Latte concentrate extraction parameters
- How do you think about the freshness of coffee beans, taste appreciation period, shelf life? Can expired coffee beans be roasted twice?
- Which is more suitable for espresso? Light roast, medium roast, and dark roast? Why is coffee fat richer?
- Why can I never finish making coffee in Turkish sand? Share Turkish coffee making steps and parameters!
- The influence of the thickness of the hand-brewed coffee powder bed on the extraction taste! What is the difference between a flat bottom and a conical V60 filter cup?