Foreign early comment: raw sugar futures fell to a five-and-a-half-month low Arabica coffee futures from rising to falling
ICE raw sugar futures fell to a five-and-a-half-month low on Tuesday. The market suffered a sell-off after a fire in a Brazilian warehouse triggered a sharp rise in the market last day. Arabica coffee futures rose as markets fluctuated amid uncertainty about the extent of crop damage caused by the drought in Brazil.
New York and London can hold steady, with the market consolidating after hitting three-year highs last day.
ICE raw sugar futures closed lower on Monday and continued their decline on Tuesday. Raw sugar surged 5.6 per cent in the first three minutes after the market opened on Monday, but the rally quickly lost momentum and traders turned their focus to weak demand in the physical market. The jump in raw sugar on Monday was a knee-jerk reaction to the fire at the Rumo warehouse run by Brazil's Cosan SA in the port of Santos.
"the fund responded first, and traders and producers took advantage of the rising market to sell," said Michael McDougall, senior director of Newedge.
ICE- October raw sugar futures fell 19 cents, or 1.2%, to close at 16.13 cents a pound, near an intraday low of 16.10 cents, the lowest in recent months since Feb. 19.
London International Financial Futures and options Exchange (LIFFE)-October sugar contract closed down $3, or 0.7%, at $431.70 a tonne.
ICE- September Arabica coffee futures closed down 1.10 cents, or 0.6%, at $1.8940 a pound, trading volatile. Open contracts rose by about 2000 to 166091 on Aug. 4, according to exchange data, and traders said the rise in open contracts showed that investors had taken new short positions rather than long positions when the market fell last day.
LIFFE- November Robusta coffee futures closed down $1, or 0.05%, at $2007 a tonne.
ICE- September cocoa futures were flat at $3195, still close to hitting a three-year high of $3239 on Monday. London December cocoa futures were also flat at £1987 a tonne. The volume of the two markets is also delivered.
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
Vietnam Coffee Market may be dominated by FDI in 2015
According to the Vietnam Coffee and Cocoa Association (Vicofa), the share of foreign-funded enterprises (FDI) in the coffee export market has been increasing in recent years, from 20% in 2008-2009 to 38% in 2010-2011, and is expected to rise to 50% in 2015, according to the Vietnam Financial Times on August 4. In 2015, there will be four foreign-funded enterprises producing instant coffee, with an annual production capacity of about 2. 5 percent.
- Next
Small cup creates a big market Green Mountain Coffee shares have risen 36 times in five years.
If you are a coffee lover, Blue Mountain Coffee must be no stranger to you, but do you know Green Mountain Coffee? This is a company that makes inroads into the North American market with a single-cup coffee system. As of September 2013, Green Mountain Coffee's Krieger coffee machine and matching K-cup coffee had reached 13% of American households.
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?