Coffee review

ICE sugar barely changed on June 9, while coffee futures fell.

Published: 2024-09-20 Author: World Gafei
Last Updated: 2024/09/20, ICE Arabica coffee futures fell to their lowest level since the end of February on Monday, giving up Friday's gains as speculators took short positions as uncertainty remained about the damage to crops caused by Brazil's drought.

ICE cocoa futures fell back, hovering below last week's highs, while sugar futures barely changed.

ICE- July Arabica coffee futures fell as low as $1.651, closing down 6.75 cents, or 3.9%, at $1.6535 a pound.

London International Financial Futures and options Exchange (LIFFE)-September Robusta coffee futures closed down $23, or 1.2%, at $1899 a tonne.

ICE- 's July cocoa contract closed down $2, or 0.06%, at $3077 a tonne, after hitting a three-year high of $3106.

London International Financial Futures and options Exchange (LIFFE)-September cocoa futures rose 3 pounds, or 0.2 percent, to 1944 pounds per tonne

ICE- July raw sugar futures closed up 0.06 cents, or 0.4%, at 16.98 cents per pound.

LIFFE- 's August white sugar contract closed down $0.30, or 0.07%, at $459.90 a tonne.

0