Morning Review: ICE Arabica Coffee Futures fell
New YORK / London (Reuters)-Arabica coffee futures fell on Wednesday, retreating from a two-and-a-half-year high hit this week, with intraday volatility as buyers remained on the sidelines and speculator-led buying sprees subsided. Speculators bought heavily this week amid fears that dry weather in Brazil could hurt production.
ICE cocoa futures fell to a low hit in May on expectations of abundant supply and concerns about a slowdown in demand. Raw sugar futures fell from a two-month high hit on Tuesday.
ICE- December Arabica coffee futures reversed earlier gains, closing down 1.90 cents, or 0.9%, at $2.1445 a pound as buyers hesitated to buy after recent gains.
The contract hit $2.2550 on Monday, the highest since January 2012.
Robusta coffee futures also fell. Liffe- November Robusta coffee futures fell $25, or 1.1%, to close at $2151 a tonne.
ICE- December cocoa futures closed down $13, or 0.4%, at $3038 a tonne, hitting an intraday low of $3030 since the end of May.
Liffe- March cocoa futures fell 10 pounds, or 0.5%, to close at $1953 a tonne, close to an intraday low of 1952 pounds.
ICE- March raw sugar futures fell 0.11 cents, or 0.6%, to 16.92 cents a pound, down from a two-month high of 17.12 hit yesterday.
Liffe- December sugar futures closed down $4.30, or nearly 1%, at $430.10 a tonne.
- Prev
Coca-Cola "scramble for" instant coffee in coffee market
The pattern of China's ready-to-drink coffee market has changed, Yangcheng Evening News reporter Liu Yong reported: after the entire beverage industry bid farewell to the golden era of high growth, the high compound growth rate of 34.2% in the ready-to-drink coffee market is making it a new favorite in the industry. After the collapse of its cooperation with Nestl é, Coca-Cola, which once abandoned the ready-to-drink coffee market in mainland China, made a comeback a few days ago, announcing
- Next
Coffee bean prices rise Australian coffee prices may rise
According to a report on Oct. 9, with global coffee bean prices hitting new highs, Australians may have to pay more for their habit of drinking one cup of coffee a day. The price of Arabica coffee beans soared to $2.208 a pound, the highest level since February 2012, according to a report by the Wall Street Journal (blog, Weibo). Dry and rainless weather in Brazil, the world's largest coffee grower
Related
- The design principle of the V60 filter cup! Why is the V60 filter cup called V60? What is the difference between a V60 hand-brewed coffee filter cup and a cake filter cup? Who invented the V60?
- Why does mocha pot coffee smell burnt? How to adjust the coffee extract in the mocha pot? What should I do if the coffee in the mocha pot is burnt? Why is mocha pot coffee so easy to overpower?
- 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