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.
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
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
- Can you make coffee with cola? Is hand-brewed coffee and iced coke good?
- How long will coffee beans go bad? Is the shelf life of coffee beans 12 months? How to tell if the coffee is bad?
- What is "extremely light roasted coffee"? The difference between Nordic roasted coffee and Japanese deep-roasted coffee
- Why does Ice-Drip coffee smell wine when it is left for a long time? How many days is recommended to finish drinking ice drops? Why do I feel astringent when I just made ice drops?
- Why are there so few coffee shops selling avgado? What kind of ice cream tastes good for Avgado? The origin of Affogato, the taste of making
- How to choose props for beginners in coffee pulling? What equipment do I need to teach myself latte?
- Should the direction of hand-brewed coffee circle be from inside out or from outside to inside? How to teach the size of the coffee circle
- There are many ways to make mocha pot latte. How to add milk to Mocha pot coffee is better to drink? Can a mocha pot be extracted with milk?
- Why can't the flavor of hanging ear coffee be brewed? How to control the concentration of coffee during the season?
- Barista's professional knowledge sharing: Is there a difference between latte and piccolo and Gibraltar Cotado? What is Blue Bottle Coffee's signature milk coffee?