ICE raw sugar futures were almost unchanged on June 20, while Arabica coffee futures rose.
ICE Arabica coffee futures recorded their biggest one-day rise in more than a month on Friday, ending a four-day losing streak as Ledo's technical signals and forecasts for lower temperatures in Brazil heightened concerns about possible damage to Brazilian crops.
ICE cocoa futures have fallen from nearly three-year highs hit this week, while raw sugar futures have barely changed.
ICE- September Arabica coffee futures rose as much as 9.75 cents before shrinking gains to close up 6.4 cents, or 3.8%, at $1.7550 a pound, rebounding from a four-month low of 1.6655 hit on Thursday.
Temperatures in the Brazilian coffee bean belt are expected to be low in the coming days, supporting the futures market.
The contract fell slightly this week.
London International Financial Futures and options Exchange (LIFFE)-September Robusta coffee futures climbed $35, or 1.8%, to close at $2001 a tonne.
ICE- 's September cocoa contract closed down $8, or 0.3%, at $3108 a tonne as investors took profits before the weekend, rising to $3128 on Thursday, the highest since August 2011.
LIFFE- September cocoa futures rose 2 pounds, or 0.1 percent, to 1935 pounds per ton.
ICE- July raw sugar futures fell 0.02 cents, or 0.1%, to close at 17.92 cents a pound, slightly below the one-month high of 17.98 cents hit the previous day.
LIFFE- 's August white sugar contract closed up $3, or 0.6%, at $491.50 a tonne.
- Prev
Starbucks in the community sells coffee and plays with finance.
If you are in Astor Square in Manhattan, New York, you can find three Starbucks around you: one at the entrance of the subway, one across the square, and one next to Barnes & Noble Bookstore.
- Next
The price of coffee beans is soaring all the way. Yongcheng Cafe encounters the dilemma of "you play with beans".
Coffee drinkers may have to increase their consumer spending in the near future. Since the beginning of this year, Brazil, the world's largest coffee producer, has experienced severe drought and high temperatures, which has significantly reduced coffee production, driving up international coffee prices.
Related
- What brand of black coffee is the most authentic and delicious? what are the characteristics of the flavor of the authentic Rose Summer Black Coffee?
- Introduction to the principle and characteristics of the correct use of mocha pot A detailed course of mocha pot brewing coffee is described in five steps.
- Which is better, decaf or regular coffee? how is decaf made?
- How much is a bag of four cat coffee?
- How about four Cat Coffee or Nestle Coffee? why is it a cheap scam?
- Which is better, Yunnan four Cats Coffee or Nestle Coffee? How about cat coffee? is it a fake scam? why is it so cheap?
- How about Cat Coffee? what grade is a hoax? which instant coffee tastes better, four Cat Coffee, Nestle Coffee or G7 coffee?
- Process flow chart of coffee making-Starbucks coffee making process what coffee tastes good at Starbucks
- The top ten best coffee beans in the world Rose summer coffee or Tanzanian coffee tastes good
- Yunnan four cat coffee is good to drink?_four cat coffee is a big brand? four cat blue mountain coffee is fake?