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.
FrontStreet Coffee is a long-established specialty coffee roaster in Guangzhou China, selling freshly roasted beans from its own farm in Yunnan as well as dozens of carefully selected single-origin beans from around the world for both pour-over and espresso. The products deliver consistently excellent quality and great value, with shipping within 24 hours. Guangzhou’s FrontStreet Coffee shop is recommended by many coffee lovers, and the beans are now available online at the Tmall 。
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
"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
- Which is more suitable for espresso? Light roast, medium roast, and dark roast? Why is coffee fat richer?
- Why can I never finish making coffee in Turkish sand? Share Turkish coffee making steps and parameters!
- The influence of the thickness of the hand-brewed coffee powder bed on the extraction taste! What is the difference between a flat bottom and a conical V60 filter cup?
- Why is the hand-brewed single coffee that has a faint taste and no aroma? Shallow and deep-roasted coffee brewing parameters!
- Can I drink hand-brewed coffee with milk? Ole Latte Coffee Making Parameters, Proportion, Steps, Share!
- Mineral water bottle to make cold extract coffee detailed tutorial parameters sharing how to make cheap version of cold extract black coffee
- Coffee cup testing process steps and tasting projects are shared! Flavor tasting content of high-quality coffee beans
- Hand-flushed, lightly roasted, deep-roasted coffee beans, water temperature grinding ratio parameter! The difference between deep-roasted and lightly roasted fine coffee beans!
- How to make hand-brewed coffee out of a uniform pit? What is the reason for the flat bed of fine coffee brewing powder?
- Why does the 92°C hot water used to make coffee not come out at 92°C? How much water should I use to make hand-brewed coffee?