Coffee bean trading LIFFE3 monthly coffee futures suffered a setback
ICE raw sugar futures fell to a two-and-a-half-week low on Friday as investors further expected that excess inventories would not be digested as quickly as previously thought. Arabica coffee futures rose today, but fell for the fifth month in a row.
Cocoa changed from a decline to a rise due to technical buying after falling to an one-year low.
March raw sugar futures closed down 0.06 cents, or 0.4%, at 14.79 cents per pound and fell to a low of 14.67 cents in intraday trading.
The Brazilian real has fallen sharply to put pressure on raw sugar prices, and dollar-denominated Brazilian sugar sellers are expected to increase.
"Market rumors of Indian exports, huge expected production in Brazil and increased oversupply have all put pressure on the sugar market," said JamesLiddiard of Agrilion.
India is widely expected to implement raw sugar export subsidies. India is the second largest sugar cane grower in the world.
March sugar futures on the London International Financial Futures Exchange closed down $1.20, or 0.3%, at $383.40 a tonne.
March Robusta coffee futures closed down $19, or about 1%, at $1925 a tonne.
London May cocoa futures closed up 4 pounds, or 0.2%, at 1881 a tonne.
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KFC enters the coffee market more than 140 KFC restaurants in Shenzhen sell freshly ground coffee
Reporter Zhang Huihui reported: from January 26, KFC has launched a series of freshly ground coffee products in more than 140 restaurants in Shenzhen, and the price is set at 10 yuan. This is the fourth city to open after Shanghai, Beijing and Guangzhou. At present, KFC has launched more than 900 freshly ground coffee restaurants. The reporter saw the freshly ground coffee in KFC restaurant in Vientiane City.
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Cafe introduces Malaysia's "Old Street Cafe"
In Malaysia, the old street farm is a well-known brand. You can't miss the name oldtow n anywhere, whether it's an airport highway, a department store, a taxi, or even a public toilet. The way the old street farm is friendly to the people is not only the coffee products can be bought everywhere, but also its ubiquitous oldtow ncaf (Old Street Farm Cafe). Before going to Malaysia
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