ICE sugar rose on July 8th, Arabica coffee futures jumped.
After hitting a four-and-a-half-month low yesterday, ICE- September Arabica coffee futures rose 1.85 cents, or 1.1%, to close at $1.7295 a pound, up more than $3 at one point in early trading.
"there has been some short covering in the market, and there may be some new buying because investors are not sure of yesterday's downtrend." Said RodrigoCosta, head of the coffee department at NewedgeUSA.
London International Financial Futures and options Exchange (LIFFE)-September Robusta coffee futures climbed $25, or 1.2%, to $2063 a tonne, reaching a seven-week high of $2085 on Thursday.
ICE- October raw sugar futures rose 0.17 cents, or about 1%, to close at 17.68 cents per pound. Intraday trading was volatile and trading was weak.
LIFFE- 's August white sugar contract closed up $3.20, or 0.7%, at $465.20 a tonne.
ICE cocoa futures closed up $17, or 0.5%, at $3116 the following month. LIFFE- September cocoa futures closed up 7 pounds at 1931 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
Nestl é sets up scholarships in Yunnan to care for coffee growers
Recently, Nestl é announced that a total of 31 Yunnan college students in the 2013-2014 academic year won the first batch of "Nestle Scholarship".
- Next
Coffee: a commodity to be awakened by the Chinese factor
Elegant and romantic Starbucks, mellow cafes. What you may not imagine is that behind the quiet and pleasant scene is the choppy coffee market.
Related
- What is the difference between the taste parameters of espresso and hand-brewed coffee? Is it better to make coffee by hand or American coffee in black coffee?
- Is Yunnan small grain Arabica or Robsta? Does Arabica coffee in Yunnan, China, refer to Katim or Iron Picka?
- Bought it for a day?! Lucky launched the new "Good Persimmon Double Fruit Tea"
- The paper bag is damaged in rainy days and knocked over takeout! Starbucks: It is urgently optimizing packaging
- The sum of the details you need to pay attention to when blending Italian latte and flowers! What do the flow rate and flow distance when making coffee flower patterns?
- What is the difference between Flat red and Flat white? What are the best proportion parameters for making Pinghong coffee?
- What should I use to make coffee with ice cubes? What should I use to make coffee by hand? Does the ice cup have ice?
- Why does Italian hand-brewed coffee taste sweet without sugar? Is the sweetness of coffee affected by variety parameter processing or extraction roasting?
- Why is latte called latte? What is the difference between a cappuccino and a latte? Is American coffee black?
- How much ice cubes should be ground in a coffee ice maker? What is the reason for the weak taste and low concentration of ice-brewed drip coffee?