London International Financial Futures Exchange Coffee Futures trend is weak
Gold Investment Futures on August 4, due to producers selling and profit-taking. Last day, two agencies downgraded their Brazilian coffee harvest forecasts, causing the market to worry again about the impact of the Brazilian drought on crops.
London International Financial Futures Exchange (LIFFE)-September Robusta coffee futures closed down $7, or 0.3%, at $2097 a tonne.
ICE- October raw sugar futures fell 0.11 cents, or 0.7%, to close at 16.35 cents per pound. LIFFE- 's October white sugar contract closed down $2, or 0.5%, at $435.70 a tonne.
ICE- September cocoa futures closed down $12, or 0.4%, at $3207 a tonne. At one point, London cocoa futures rose to 1994 a tonne, the month's contract high for cocoa, closing down 1, or 0.05 per cent, at 1988 a tonne.
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Yunnan will eventually have only one trading center
In fact, behind the game between the two sides, the birth of Yunnan Coffee Trading Center still faces great policy risks. According to relevant media reports, since July, more than 30 exchanges across the country have been suspended or restructured, including the Beijing Commodity Exchange and Qingdao International Commodity Exchange. At the end of June this year, China Securities Regulatory Commission issued the Notice on On-site Inspection of Various Trading Places
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Draft decree of Indonesia on the mandatory implementation of national standards for instant coffee
Draft decree of Indonesia on the mandatory implementation of national standards for instant coffee on 22 July 2014. The draft decree stipulates that all instant coffee produced or imported and distributed and sold in the country shall meet the requirements of the Indonesian National Standard (SNI).
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