ICE raw sugar futures fell on July 23, while Arabica coffee futures rose.
Intercontinental Exchange (ICE) cocoa futures rose to a three-year high on Wednesday, with particularly heavy trading volume, traders said, as physical cocoa prices were higher than cocoa futures and investors holding short positions in recent months contracts flattened positions.
ICE Arabica coffee futures rose more than 5% to a four-week high as a brokerage inspected parts of Brazil's drought-affected coffee belt and released a bullish market report.
ICE- September cocoa futures closed up $54, or 1.7%, at $3185 a tonne, hitting a three-year high of $3204 earlier. The first delivery notice for the contract will be on Aug. 18. According to preliminary Reuters data, total turnover reached 68000 lots, more than three times the daily average of 250 days of full trading.
London International Financial Futures and options Exchange (LIFFE)-September cocoa futures closed up 13 pounds, or 0.7%, at 1938 pounds per tonne, after hitting a contract high of 1950 pounds.
Brokerage INTLFCStone said it inspected two Arabica coffee-growing areas in Brazil last week and found "irreversible" damage to local crops and early flowering.
ICE- September Arabica coffee futures jumped 8.30 cents, or 4.9%, to close at $1.7660 a pound, the highest since June 27th.
LIFFE- September Robusta coffee futures were virtually unchanged, closing up $1 at $1994 a tonne.
ICE- October raw sugar futures fell 20 cents, or 1.2%, to 16.96 cents per pound. LIFFE- 's October white sugar contract closed down $4.80, or 1.1%, at $447.20 a tonne.
- Prev
"Coffee + Bank" is the Innovation of Banking Service
Opening bank outlets into cafes, or taking the initiative to introduce cafes in newly opened service outlets, is gradually becoming a new marketing model for some banks to build characteristic brands and provide leisure services.
- Next
1895 Entrepreneurship Coffee unveiled in Tianjin University
A few days ago, 1895 Entrepreneurship Coffee, the first start-up coffee in China operating in colleges and universities and with the service capability of the whole industry chain of "seed stage-incubator-Accelerator", was unveiled in Tianjin University.
Related
- The more you look at it, the weirder it becomes?! Lucky linkage cup print three-eyed Tom Cat!
- Self-delivery modification was rejected! Customers come to the door and throw coffee angrily?!
- What degree of grind should I use to make coffee by hand? How fine should the coffee powder be ground with cold ice drops? What is the No. 20 screen? How fine are the grains of fine sugar? What is the appropriate grind for the espresso?
- Why is coffee bean watches always oily? Are the oil out of the coffee beans stale? Are oily coffee beans of higher quality? What is the difference between deep and light coffee?
- How long is the taste period for coffee? How long is the best time to finish your coffee? How long can coffee stay in a thermos cup? What is the best degree of hand-brewed coffee?
- Pour out all the raw materials! Many Lucky products are off the market!
- "Haidilao in the milk tea industry" Kawangka quietly increases its prices again! Netizen: No more drinking!
- Ask for 20,000 yuan! Coffee shop managers trick employees into fake marriages?!
- Milk tea takeout "strong" with 10 packs of tissue?! User: No collection or delivery
- Which is sour, deep-roasted or lightly roasted coffee? Do people who know coffee want light or deep roast? What is the difference in the degree of roasting coffee? What is the difference between lightly roasted coffee and deeply roasted coffee?