Arabica coffee futures changed from falling to rising.
Raw sugar in New York and London rose after hitting multi-week lows.
After ICE cocoa futures were driven by technical buying and July / December contract spreads to their highest level since August 2011, a round of selling appeared before the close, closing lower. The option contract expires in July.
The ICE- cocoa contract hit a three-year high of $3106 in July before closing down $13, or 0.4%, at $3079 a tonne. The trading volume is more than double the average.
London International Financial Futures and options Exchange (LIFFE)-September cocoa futures fell 4 pounds, or 0.2%, to 1941 pounds per tonne.
ICE- July Arabica coffee futures changed from falling to rising, closing up 2.95 cents, or 1.7 percent, at $1.7210 a pound.
Traders said covering short positions and stop-loss buying rallied the market. Previously, Brazil's National Coffee Association said it maintained its 2014 / 15 Brazilian coffee production forecast at 401-4.33 million bales (60kg each). So far, this estimate is at the low end of the market forecast range.
Coffee production in Brazil remains uncertain and the January-February drought has damaged the growing areas of Arabica coffee beans in Brazil.
LIFFE- September Robusta coffee futures closed up $7, or 0.4%, at $1922 a tonne.
Sugar prices rose in volume before the weekend, and buying surfaced in late trading, turning the market from a decline to a rise.
ICE- July raw sugar futures closed up 0.09 cents, or 0.5%, at 16.92 cents a pound, falling below the key support level of 17 cents on Thursday. The recent-month contract earlier hit a low of 16.77 cents since April 22.
The LIFFE- August white sugar contract fell as low as $457, closing up $10, or 0.02%, at $460.20 a tonne.
- Prev
Coffee shops are more "literary"
"Making your own coffee while discussing travel topics is much more fun than just drinking coffee and chatting." Citizen Mr. Liu said, Occasionally and a few friends go to a coffee shop to participate in theme activities, chat and discuss together, learn to make coffee.
- Next
There are 11 beautiful cats waiting quietly for guests in the first "Cat Cafe" in Britain.
"Cat Cafe" has become popular in Asia, with more than 100 in the Japanese capital Tokyo and the first "Cat Cafe" in the UK recently.
Related
- The design principle of the V60 filter cup! Why is the V60 filter cup called V60? What is the difference between a V60 hand-brewed coffee filter cup and a cake filter cup? Who invented the V60?
- Why does mocha pot coffee smell burnt? How to adjust the coffee extract in the mocha pot? What should I do if the coffee in the mocha pot is burnt? Why is mocha pot coffee so easy to overpower?
- Why can't cappuccinos be made takeout? What is the ratio of coffee to milk in a cappuccino? How thick is the milk foam in capuccino? What does Capuccino mean?
- How to make silky and strong salty mocha coffee? How to make a delicious mocha latte? What is the difference between latte and mocha coffee?
- How to use the Aiyue coffee press machine? Who invented Aiyue Pressure? What is the difference between Aiyue brewed coffee and hand-brewed coffee? What is the principle of coffee extraction from Aiyue Pressure?
- How to make the world's top coffee Yejia Xuefei? What are the characteristics of Yejia Shefi coffee? What is the flavor of Yejia Shefei? How to solve the blockage during lightly baked beans?
- What does long extract coffee mean? What is the difference between long-extract coffee and American coffee? What is the difference between Lungo and American coffee? What is Lungo Coffee?
- What does under-extracted coffee taste like? What are the characteristics of over-extracted coffee? How to tell if coffee is over-extracted or under-extracted?
- Why isn't Dirty hot? What is Dirty in espresso? What should I do with hot Dirty?
- Share the correct way to make hanging ear coffee! How much water should I use to make my ear coffee? How many stages does the water injection of hanging ear coffee need to be divided into? How much water does it take to put in hanging ear coffee? How to m