Brazil stirs up the global price of sugar and coffee-up 1.5% to $1.284 a pound
Sireen Harajili, foreign exchange strategist at Mizuho Bank Americas, told the Financial Times that the progress of the president's impeachment could put pressure on Lille. But we believe that this is necessary for the Brazilian economy to emerge from a deep recession.
Lille will continue to fluctuate in the coming days. On Wednesday, Brazil will hold a parliamentary vote on whether to put President Dilma Rousseff on trial. If the vote is passed, President Rousseff may temporarily leave the presidency.
Tracey Allen, a commodities analyst at Rabobank, told the Financial Times: "the volatile Brazilian real has had a significant impact on commodities. When the lire rose 1 per cent to the dollar on Tuesday, sugar rose 1 per cent to 16.06 cents per pound and Arabica coffee rose 1.5 per cent to $1.284 per pound. "
Brazil is the world's largest producer of sugar and coffee. The price of sugar and coffee went on the roller coaster with Lille. Lille's weakness is seen as bad for agricultural products such as coffee and sugar. These goods are traded in US dollars.
Affected by the unstable political situation, the exchange rate of the Brazilian real has continued to fluctuate recently. On Tuesday, the acting Speaker of the Brazilian House of Representatives, Maranhao, issued a statement annulling his decision to impeach Brazilian President Dilma Rousseff. Barrill immediately rose. The move comes a day after the Maranhao declared the House of Representatives' vote on impeachment of President Rousseff null and void. The unexpected news immediately sent Brazil's Lille down 4.6%.
- Prev
Starbucks Location Strategy Introduction Analysis of Market Research
Choose neighbors: Good neighbors make you struggle less. Customers will think that the quality of goods in adjacent stores is quite similar, so it is very important to be located in the same place as similar brands, because some location strategies are parasitic. Open a clothing store next to a big department store, open a living restaurant next to a high-end supermarket, and the customers attracted by big brands will also be attracted by you. in addition
- Next
Coffee year-end summary: what important events have happened in the coffee industry in 2016?
In the global range of drinking habits from instant to freshly ground coffee, currently ground coffee accounts for more than 87% of total coffee consumption, while instant coffee accounts for less than 13%. In China, instant coffee is the largest segment of the coffee consumption market, accounting for 84% of the market share, while the market share of ground coffee is only about 16%. In contrast, the growth rate of the domestic instant coffee market is actually not as fast as that of the freshly ground coffee market.
Related
- The design principle of the V60 filter cup! Why is the V60 filter cup called V60? What is the difference between a V60 hand-brewed coffee filter cup and a cake filter cup? Who invented the V60?
- Why does mocha pot coffee smell burnt? How to adjust the coffee extract in the mocha pot? What should I do if the coffee in the mocha pot is burnt? Why is mocha pot coffee so easy to overpower?
- Why can't cappuccinos be made takeout? What is the ratio of coffee to milk in a cappuccino? How thick is the milk foam in capuccino? What does Capuccino mean?
- How to make silky and strong salty mocha coffee? How to make a delicious mocha latte? What is the difference between latte and mocha coffee?
- How to use the Aiyue coffee press machine? Who invented Aiyue Pressure? What is the difference between Aiyue brewed coffee and hand-brewed coffee? What is the principle of coffee extraction from Aiyue Pressure?
- How to make the world's top coffee Yejia Xuefei? What are the characteristics of Yejia Shefi coffee? What is the flavor of Yejia Shefei? How to solve the blockage during lightly baked beans?
- What does long extract coffee mean? What is the difference between long-extract coffee and American coffee? What is the difference between Lungo and American coffee? What is Lungo Coffee?
- What does under-extracted coffee taste like? What are the characteristics of over-extracted coffee? How to tell if coffee is over-extracted or under-extracted?
- Why isn't Dirty hot? What is Dirty in espresso? What should I do with hot Dirty?
- Share the correct way to make hanging ear coffee! How much water should I use to make my ear coffee? How many stages does the water injection of hanging ear coffee need to be divided into? How much water does it take to put in hanging ear coffee? How to m