ICE raw sugar futures rose slightly on May 28th, while coffee futures fell.
Coffee futures in New York and London fell to multi-month lows on Wednesday as speculators pulled out of long positions and coffee futures prices fell below important technical levels as harvesting accelerated in major growing areas.
ICE cocoa futures remained near last day's 32-month high on Wednesday, while raw sugar futures rose slightly.
New York and London coffee futures both fell below their 100-day moving averages on Wednesday.
ICE- July Arabica coffee futures closed down 4.85 cents, or 2.7%, at $1.745 a pound, after falling to a two-month low of $1.708 and breaking below the 100-day moving average of $1.7242.
London International Financial Futures and options Exchange (LIFFE)-July Robusta coffee futures fell $77, or 3.9%, to $1907 a tonne, falling below the 100-day moving average of $1965 and hitting $1903, the lowest since February.
ICE- 's July cocoa contract closed down $2, or 0.07%, at $3029 a tonne. London September cocoa futures closed up 5 pounds, or 0.3%, at 1911 pounds a tonne.
ICE- July raw sugar futures rose 0.11 cents, or 0.6%, to 17.13 cents per pound. The Liffe- August Sugar contract (4818, 36.00,0.75%) rose $2.10, or 0.5%, to close at $467.40 a tonne.
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
Brief introduction of International Coffee Organization
The International Coffee Organization is an intergovernmental organization founded in London in 1963. It is composed of coffee importers and exporters. The organization is responsible for implementing the International Coffee Convention and is committed to improving the situation of the world coffee industry through international cooperation. The establishment of the International Coffee Organization is based on the irreplaceable economic importance of coffee. Coffee is one of the most traded goods in the world.
- Next
Targeting the great growth of China's coffee market in 2011
Australia flooded in early January, and wine has risen this year because the disaster area is an important grape origin. Even without natural disasters, chateau wines with collectible value have been rising for more than a decade. The Japanese cartoon "Shenzhi" details the various flavors of wine, how to preserve and match dishes, and even the situation of the drinker should be taken into account. To put so much effort into it is to complete one.
Related
- What does channel effect mean in coffee? Why are there holes in the coffee powder cake?
- How much do you add to the milk for latte, Australian white and cappuccino? What is the ratio of coffee to milk between latte and frill?
- What is the cause of coffee astringency? Why does the brewed coffee feel astringent?
- The industry is heavy! Lucky will open its first store in Taiwan in December?!
- Unbelievable! Does one person at Starbucks wear a tiger head set and hold a mace to order?!
- Return to the way you came from?! Some cities in Mixue Ice City are selling breakfast!
- The shop assistant was angry after being refused to jump in line to buy coffee! Party concerned: Police have been reported
- Where are the most expensive Blue Mountain Rose Summer Mantinin coffee beans? How much does a cup of hand-brewed boutique coffee usually cost?
- What is the difference between a single flour bowl and a double flour bowl? Is 1 shot coffee a single espresso or a double?
- How to open a mocha pot? How to wash the newly purchased mocha pot? Why can't I drink the first three cups of coffee made by the new mocha pot?