Boutique coffee bean futures Arabica coffee futures decline due to extension
Raw sugar futures fell on Friday as Arabica coffee fell before markets closed in the United States and Brazil on expectations of precipitation in Brazil, the largest grower, with a large number of March / May contract extensions.
Arabica coffee futures rose for a third day to a two-month high as Vietnam, the largest grower, ushered in a holiday. Cocoa futures rose to their highest level in more than three weeks, buoyed by supply concerns in Ghana.
Monday is the US President's Day holiday, Brazil will hold a carnival, the US soft commodity market will be closed for a day.
ICE- March raw sugar futures closed down 16 cents, or 1.1%, at 14.88 cents a pound, down from a two-week high of 15.05 cents hit on Thursday.
March sugar futures fell 60 cents, or 0.2 percent, to close at $382.80 a ton.
March Arabica coffee futures closed down 0.95 cents, or 0.6%, at $1.665 a pound.
Traders said there was a large number of March / May contract extensions ahead of the first delivery notice date for near-month contracts on February 19, resulting in more than half more trading volumes than usual.
The contract discount widened to about 3.3 cents in recent months, the widest level since December 9.
May Robusta coffee futures closed up $16, or 0.8%, at $2036 a tonne, after rising to $2042, the highest since Dec. 8.
New York may cocoa futures closed up $12, or 0.4%, at $2931 a tonne, after hitting $2933, the highest since Jan. 20. May London cocoa futures closed up 2 pounds, or 0.1%, at 1989 pounds 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
How far is China's coffee market from a big coffee consumer?
In Fushan, a small town in the western corner of Hainan, fragrant cafes are full all the year round, and local residents consume more than 200 cups of coffee per capita each year. This astonishing consumption impressed coffee suppliers from all over the world who came here to participate in the International barista Championship. Chinese people began to be interested in coffee culture, which made me see the huge market potential. Ethiopian federal democracy
- Next
Cat Cafe becomes popular in Europe Japanese media say that "Origin" is in China.
According to Japan's Kyodo News Agency, the number of cat cafes that allow customers to play with their cats while enjoying black tea or coffee is increasing in Europe. The British media call the cat cafe a Japanese-style cafe, which is often understood as Japanese culture. It is reported that these cat cafes are mainly in Austria, Britain and the United Kingdom within two and a half years.
Related
- How to choose a semi-automatic espresso machine correctly? What is the difference between a hundred yuan/thousand yuan/ten thousand yuan coffee maker?
- The sales look strange! Lucky's new cream top encountered a problem!
- Unexpectedly! Is the last store in Guming Xi'an closed?!
- Flavor characteristics of alo Hamathiu coffee in Sidamobansa, Ethiopia! Flavor characteristics of coffee beans in Ethiopia 74158, the world's top ten coffee producing areas!
- What is the reason why the coffee brewed in the mocha pot is bitter and sprayed with double ponytails? Should I use light or medium to deep roast coffee beans to make mocha pot coffee?
- Is the extracted flavor of hand-brewed coffee metaphysics? Hand-brewed single-item boutique coffee grinding ratio, water temperature time, which parameter is the most important?
- What ratio of milk and coffee should I use to make-86°Cdirty? Should I use a frozen cup or a refrigerated cup to make dirty coffee?
- What is the difference between decaf coffee and regular coffee? Can caffeine intolerance be combined with decaffeinated coffee? What are the methods to treat decaf coffee?
- Do I need to pick defective beans for Italian hand-brewed single-piece coffee? What is the difference between the mouldy beans, black beans, insect eaten beans, Quake beans in coffee?
- What does the flow distance and flow rate of Italian latte pull flowers mean? Share tips on making coffee flowers, love leaves, tulip patterns!