Arabica coffee futures hit near four-week lows
New YORK / London (Reuters)-ICE Arabica coffee futures hit nearly four-week lows on Friday and recorded their biggest weekly decline since May as rainfall in Brazil, the largest coffee producer, allayed concerns that prolonged dry weather could damage crops.
ICE cocoa futures tumbled, hit by harvesting pressure and lower physical prices. But raw sugar futures jumped.
ICE- December Arabica coffee futures closed down 1.80 cents, or 0.9%, at $1.915 a pound, with short covering after hitting $1.8845, the lowest since Sept. 29, causing the market to scale back losses. It closed down 9% this week.
Rain over the next six to 15 days will help ease concerns about dry weather in coffee and sugar cane growing areas in Brazil, according to a report.
London International Financial Futures and options Exchange (LIFFE)-January Robusta coffee futures edged up $6, or 0.3%, to close at $2028 a tonne.
ICE- December cocoa futures fell to a low of $3037 before rebounding, falling $70, or 2.2%, to $3050 a tonne, closing down for the second week in a row.
Liffe- March cocoa futures closed down 43 pounds, or 2.2 percent, at 1960 pounds.
ICE- March raw sugar futures closed up 0.22 cents, or 1.4%, at 16.38 cents per pound.
LIFFE- December sugar futures closed up $6.00, or 1.4%, at $429.10 a tonne.
- Prev
Laos increases the promotion of local coffee products to expand the international market
The first Laos Coffee Festival opened ceremoniously on the 24th in Basser, capital of Bassai province. A total of 69 enterprises from Laos and abroad participated in the exhibition, with a total of 178 booths to display high-quality coffee products and surrounding products. At the opening ceremony, the organizer of the event, Ben Tong, governor of Bassai province in Laos, said that the coffee festival was held to promote and implement the coffee set by the Lao government before 2025.
- Next
Yangcheng Commonweal Cafe wants to twist the public welfare people into a rope.
We are used to carefully stirring coffee with a spoon to form a white whirlpool, but we do not think that drinking coffee can also set off a whirlpool of thinking. Here, indulge in the mellow aroma of coffee, you can boldly express your opinions, you can point out the words, and you can discuss national affairs together in high-level discussion. This is the Yangcheng Commonweal Cafe, which is well-known in Guangzhou public welfare circles.
Related
- A coffee shop drives customers out on the spot?! Store: No Chinese people are accepted
- Children suffocated and died after drinking pearl milk tea! Parents: The store did not inform the risk
- Can I put a thermos in a thermos pot to keep my coffee warm? Why does coffee not taste so good after it cools down? What is the most suitable amount of milk for latte?
- How to make coffee cream? Do I have to use instant powder for 400 hand-made coffee? What is the composition of coffee cream in Naples coffee?
- What is an authentic cappuccino? How to make cappuccino golden circles? What is the ratio of coffee to milk in a cappuccino?
- Can espresso beans be used to make hand-brewed coffee? What is the difference between Italian mixed beans and hand-made single beans? What are the characteristics of SOE coffee beans?
- Big battle! Mixue Ice City has opened three stores in the United States?!
- Lucky launches rice milk latte! Netizen: After drinking it, I thought I bought it an ordinary latte
- Remove the perimeter! Naixue's largest flagship store in the world quietly closed!!
- Manner Co-branded Cup is a literary style?! Netizen: I almost didn't recognize it