New York Futures: Arabica Coffee Futures turn up to fall
New YORK / London Nov 24 (Reuters)-Arabica coffee futures closed lower on Monday, rising more than 3% after being pushed up by short covering, sending Arabica coffee futures higher after investors sold off.
Cocoa futures continued their rally, attracting buyers to enter the market after rising above the previous day's high, while raw sugar and white sugar futures fell as rainfall in Brazil boosted the growth prospects of crops next year.
Trading in the soft goods market was generally light ahead of the Thanksgiving holiday on Thursday.
Arabica coffee futures rose sharply driven by short covering, but were dragged down by speculators in light trading, traders said.
ICE- March Arabica Coffee Futures (KCc2) closed down 20 cents, or 0.1%, at $1.9050 a pound, rising to an intraday high of $1.9780. ICE- January Robusta coffee futures (LRCc2) closed up $21, or 1%, at $2099 a tonne.
Cocoa futures in New York jumped. ICE- March Cocoa Futures (CCH5) closed up $44, or 1.6%, at $2866 a tonne. London March cocoa futures (LCCc2) rose 20 pounds, or 1.1%, to 1893 pounds per tonne.
ICE- March Raw Sugar Futures (SBc1) closed down 0.09 cents, or 0.6%, at 16.00 cents per pound. ICE- March Sugar Futures (LSUH5) fell $3.00, or 0.7%, to close at $417.70 a tonne.
- Prev
Cafes are popular and Dou City's characteristic business model can win business opportunities.
With the rise of young and fashionable people and the settlement of foreign cultures, coffee culture has developed rapidly in Suining. Coffee, a western-style drink, has been accepted by more and more Suining people, and cafes have blossomed everywhere. The competition in the coffee shop industry is becoming more and more fierce. How to occupy a place in the competition has become an obstacle for many entrepreneurs. Nowadays, coffee is no longer just a kind of.
- Next
A cozy Fushan Coffee Tour in China's Coffee Market
At 9: 00 in the morning, I spent 430 yuan to fill up the 65-liter fuel tank at the gas station. Because it was a diesel car, it was very convenient to refuel, so I hardly stood in line. Due to the stagger of the travel peak in the first three days of the National Day, the traffic condition is not as bad as reported in the newspaper, while the western highway is much better after several repairs, basically no different from the eastern highway. Pollig's 2.
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"