ICE cocoa futures hit a three-year high but closed lower along with coffee and sugar
Benchmark ICE- September cocoa futures closed down $11, or 0.4%, at $3106, earlier hitting $3149, the highest since August 2011.
Barry Callebaut, the world's largest chocolate maker, said in its results on Thursday that its sales of chocolate in emerging markets rose 18.2 per cent in the first nine months of fiscal 2013. The news led to a rebound in cocoa futures from a nearly one-month low hit on June 25.
Traders say the global cocoa market is close to the balance of supply and demand in 2013 / 14.
London International Financial Futures and options Exchange (LIFFE)-September cocoa futures closed down 4 pounds at 1927 pounds per tonne.
ICE- 's October raw sugar contract closed down 0. 6 cents at 17. 81 cents.
London International Financial Futures and options Exchange (LIFFE)-the August white sugar contract fell in early trading before rebounding by late buying to close up $2.60 at $470.10 a tonne.
ICE- September Arabica coffee futures fell 2 cents, or 1.2%, to close at $1.7180 a pound. LIFFE- September Robusta coffee futures rose $21, or 1.1%, to $2068 a tonne.
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40 famous cats accompany you to sigh for coffee
@ Cat racing on Jiangnan Avenue, which is worth 50, 000 to 100000 yuan, is lazily accompanied by fresh deliveries of delicious food from abroad, and the comfortable and beautiful petty-bourgeois environment offers More than meow pet-themed coffee restaurants, attracting many cat lovers and photography lovers. The more than 40 cats waiting for guests in this restaurant are all famous cats with noble pedigree and are mainly purebred racing cats in active service. Zero distance connection
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Development trend of Yunnan small Coffee in the Future
Yunnan is the only coffee producing area in China, with unique climate and changeable geographical environment, growing multi-level coffee, which can be regarded as unique among the coffee producing areas in the world.
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