Showing posts with label coffee futures. Show all posts
Showing posts with label coffee futures. Show all posts

Tuesday, October 7, 2014

ICE arabica coffee drops in late-session selloff

ICE arabica coffee drops in late-session selloff




* Failure to match 2-1/2 year highs prompts profit-taking
* Coffee traders keeping close watch on Brazil weather
* Lower Q3 cocoa grinds expected (Updates with closing prices, adds market comments, adds byline, NEW YORK dateline)
By Luc Cohen and Nigel Hunt
NEW YORK/LONDON, Oct 7 (Reuters)...

Read more: ICE arabica coffee drops in late-session selloff

Coffee Futures Soar to 32-Month High, Signal Retail Jump

Coffee Futures Soar to 32-Month High, Signal Retail Jump




Coffee futures surged to a 32-month high as persistent drought curbs harvest prospects in Brazil, increasing the odds for higher retail prices.
Dry weather was forecast for the next 10 days after no “meaningful” rain fell over the weekend in Brazil’s main growing regions, Drew Lerner, the presi...

Read more: Coffee Futures Soar to 32-Month High, Signal Retail Jump

India: Coffee exports dip 1.7% in 2013-14 crop year

India: Coffee exports dip 1.7% in 2013-14 crop year




Coffee exports declined by 1.7% to 294,011 tonnes for the coffee crop year ended September 2014 compared to 298,951 tonnes in the previous year. The coffee crop year is between October and September and crop harvesting begins in November and goes up to March.
On a financial year basis, exports...

Read more: India: Coffee exports dip 1.7% in 2013-14 crop year

Coffee surges on dry Brazil weather forecasts

Coffee surges on dry Brazil weather forecasts




* Dry weather dims outlook for Brazil arabicas output
* Markets eye first round Brazil election result
* London Sugar Week starts
By David Brough
LONDON, Oct 6 (Reuters) – Arabica coffee futures on ICE rose more than 9 percent on Monday to the highest level in more than 2-1/2 years due to...

Read more: Coffee surges on dry Brazil weather forecasts

Thursday, October 2, 2014

Coffee soars near two-year high on Brazil dryness

Coffee soars near two-year high on Brazil dryness




Arabica coffee futures soared to within 2 cents of a two-year high as forecasts for further dry weather in Brazilian growing areas exacerbated concerns over the country’s 2015 harvest.
Arabica coffee futures for December soared 6.7% to 213.75 a tonne in New York at one point, just below ...

Read more: Coffee soars near two-year high on Brazil dryness

Arabica-Coffee Futures Surge to More than 5-Month High; Cotton Falls

Arabica-Coffee Futures Surge to More than 5-Month High; Cotton Falls




NEW YORK—Arabica-coffee prices surged on Thursday, as traders and investors continued to worry that dry weather in top grower and exporter Brazil would lead to fewer beans next year.
During the trading session, arabica futures soared 6.7% in price to its highest in more than five months, but the ...

Read more: Arabica-Coffee Futures Surge to More than 5-Month High; Cotton Falls

Friday, September 19, 2014

Cocoa Climbs to Three-Year High on Supply Risk From Ebola

Cocoa Climbs to Three-Year High on Supply Risk From Ebola




Cocoa futures rose to a three-year high in London on speculation that the spread of Ebola may derail deliveries from West Africa, the world’s top producing region.
United Nations Secretary-General Ban Ki-Moon announced the creation of an emergency mission as officials said the virus outbreak has ...

Read more: Cocoa Climbs to Three-Year High on Supply Risk From Ebola

Tuesday, September 16, 2014

Brazil raises 2014/15 coffee crop estimate to 45.14mn bags

Brazil raises 2014/15 coffee crop estimate to 45.14mn bags




SAO PAULO: Brazil, the world’s largest exporter of coffee, raised its estimate of the recently harvested 2014/2015 crop after good weather boosted output of the country’s robusta crop, the Agriculture Ministry said on Tuesday.
The overall coffee crop that ended harvest in past weeks...

Read more: Brazil raises 2014/15 coffee crop estimate to 45.14mn bags

Friday, September 12, 2014

ICE raw sugar slides to 4-year low, arabica coffee falls

ICE raw sugar slides to 4-year low, arabica coffee falls




LONDON: Raw sugar on ICE slid to a four-year low on Friday and was poised to end the week down 7 percent to extend a seven-week rout amid plentiful near-term supplies as Brazil harvests a big crop and global inventories swell.
Arabica coffee on ICE futures US fell on increased expectations that...

Read more: ICE raw sugar slides to 4-year low, arabica coffee falls

Wednesday, September 10, 2014

Global coffee prices set to soar as supply declines

Global coffee prices set to soar as supply declines




Coffee prices are set to rise further, as the crop year 2014-15 stares at asupply deficit in the global market. Prices, ruling at 190-200 cents per lb (pound), are poised to move up to 220-230 cents per lb by December.
“Drought in Brazil at the beginning of the crop year  will result in global su...

Read more: Global coffee prices set to soar as supply declines

Monday, August 4, 2014

Coffee Producers Sell More at Home, Driving Up the Price of a Cup

Coffee Producers Sell More at Home, Driving Up the Price of a Cup




The world’s biggest coffee producers are turning into their own best customers, a shift that is driving up the price of a cup from São Paulo to San Francisco.
Coffee consumption is rising at a breakneck pace in Brazil, Vietnam and Colombia, which together produce 60% of the world’s ...

Read more: Coffee Producers Sell More at Home, Driving Up the Price of a Cup

Monday, July 28, 2014

SOFTS-Arabica coffee firm, digests gains, cocoa steady

SOFTS-Arabica coffee firm, digests gains, cocoa steady




* Rains in Brazil disrupt coffee, sugar harvest
* Liffe cocoa remains stuck in tight range
By Sarah McFarlane
LONDON, July 28 (Reuters) – Arabica coffee futures consolidated gains on Monday, supported by prospects that next year’s crop could be a second consecutive smaller harvest in...

Read more: SOFTS-Arabica coffee firm, digests gains, cocoa steady

Thursday, July 10, 2014

Coffee Futures Tumble to 20-Week Low on Brazil Outlook

Coffee Futures Tumble to 20-Week Low on Brazil Outlook




Coffee futures plunged 5.7 percent to a 20-week low on speculation that demand will ease as more supplies become available from Brazil, the world’s top producer and exporter.
Drier weather in coming days will aid Brazil’s harvest, MDA Weather Services in Gaithersburg,Maryland, said in a report. M...

Read more: Coffee Futures Tumble to 20-Week Low on Brazil Outlook

SOFTS-Coffee tumbles to near five-month low, cocoa mixed

SOFTS-Coffee tumbles to near five-month low, cocoa mixed




* Robusta coffee marks weakest session in six weeks
* European Q2 cocoa grind down 0.7 percent
* Brazil cane harvest speeds up -Unica (Updates closing coffee/sugar prices)
By Marcy Nicholson and Sarah McFarlane
NEW YORK/LONDON, July 10 (Reuters) – Speculators triggered a fall in arabica...

Read more: SOFTS-Coffee tumbles to near five-month low, cocoa mixed

Cocoa Drops in London After European Grind Data; Sugar Declines

Cocoa Drops in London After European Grind Data; Sugar Declines




Cocoa fell after bean processing in Europe, the biggest consuming region, trailed market expectations in the second quarter.
Grinding in Europe dropped 0.7 percent in the three months ended June 30 from a year earlier, the Brussels-based European Cocoa Association said on its website today. That ...

Read more: Cocoa Drops in London After European Grind Data; Sugar Declines

Wednesday, July 9, 2014

SOFTS-Sugar falls ahead of cane data, cocoa slips

SOFTS-Sugar falls ahead of cane data, cocoa slips




* Sugar trade awaits Brazil cane data due on Thursday
* European cocoa grind data set for release Thursday
* Robusta hovers just above 100-day moving average (Updates closing sugar/coffee prices)
By Marcy Nicholson and David Brough
NEW YORK/LONDON, July 9 (Reuters) – Raw sugar futures on...

Read more: SOFTS-Sugar falls ahead of cane data, cocoa slips