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
- How does coffee break out of rich layers? Which is better, washed coffee beans or sun-dried coffee beans?
- What are the five ways to drink American coffee? What is the difference between American coffee and Long Black? How to make quicksand ice American style? How to pull flowers in American coffee? Can I take milk in American coffee?
- What's so good about Blue Mountain, which ranks first in the world's top coffee beans? What grade does Blue Mountain Coffee belong to? What are the characteristics and taste of Blue Mountain Coffee?
- How to draw flowers in American coffee? Can American coffee draw flowers? What is the principle of latte flowers? How to kill the milk foam of coffee flower?
- Is it better to use lightly baked beans or deeply baked beans for mocha pot coffee? How to use and make a mocha pot! What should I do if the Mocha pot has a splash problem?
- What does special coffee mean? What beans are the best to make special coffee? Do you make special coffee with espresso or cold extract? Why is specialty coffee the "cocktail" of the coffee industry?
- Coffee shop specialty American production ratio step by step tutorial KFC apple bubble American practice
- What is the difference between the foam of a latte and white cappuccino? How thick should Latte's milk foam be made? What's the difference between a cappuccino and an Australian white latte?
- The right way to drink espresso! How to drink coffee best? Do I have to gulp dirty coffee?
- Take restrictions! Starbucks takes action to crack down on "coffee workers"