Tanzania arabica coffee prices rise on export demand

DAR ES SALAAM (Reuters) – Tanzania’s arabica coffee prices rose at auction last week on the back of higher New York markets, the regulator Tanzania Coffee Board (TCB) said on Tuesday.
    Tanzania, Africa’s fourth-largest coffee producer after Ethiopia, Uganda and Ivory Coast, p...

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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

More Expensive Cup of Coffee? Beans Soar to 2½-Year High

The sharply rising price for coffee beans means that morning cup of joe could soon get more expensive—again.
Arabica-coffee prices surged to the highest level in 2½ years Monday as dry weather in Brazil raised concerns about next year’s crop.
Coffee prices have nearly doubled this year, with thin...

Read more: More Expensive Cup of Coffee? Beans Soar to 2½-Year High

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

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

Tanzania arabica coffee prices edge up on strong demand

DAR ES SALAAM (Reuters) – The average price of arabica coffee in Tanzania rose at auction on strong demand, the coffee board said on Wednesday, but no robusta coffee was sold at the auction after growers rejected the low bids on offer.

    Ranked Africa’s fourth-largest coffee p...

Read more: Tanzania arabica coffee prices edge up on strong demand

Kenya coffee prices fall at latest sale

NAIROBI (Reuters) – The maximum price of Kenya’s top grade AA coffee fell at this week’s auction to $300 per bag from $323 at last week’s sale, the Nairobi Coffee Exchange said on Tuesday.

The east African nation is a fairly small producer by global standards, but its...

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Tanzania arabica coffee prices rise, robusta down

DAR ES SALAAM (Reuters) – Average arabica coffee prices in Tanzania, Africa’s fourth-largest producer, edged higher at auction after prices rose in the New York coffee market, the country’s coffee board said on Tuesday.
Prices of the robusta variety of beans fell at the same...

Read more: Tanzania arabica coffee prices rise, robusta down

Vietnamese coffee discounts widen ahead of a bumper harvest

Lower global coffee prices and the prospect of a bumper harvest starting next month have widened discounts on Vietnamese coffee and exporters have been more willing to sell before fresh beans arrive, traders said on Tuesday. The 2014/2015 crop will begin in Vietnam, the world’s largest...

Read more: Vietnamese coffee discounts widen ahead of a bumper harvest

Vietnam Coffee: Discounts widen ahead of a bumper harvest

HANOI: Lower global coffee prices and the prospect of a bumper harvest starting next month have widened discounts on Vietnamese coffee and exporters have been more willing to sell before fresh beans arrive, traders said on Tuesday.
The 2014/2015 crop will begin in Vietnam, the world’s...

Read more: Vietnam Coffee: Discounts widen ahead of a bumper harvest

Rainy weather will increase coffee output in Uganda

Exports of coffee from Uganda could rise as much as 3% this year as crop outputs increase, thanks to more rain in regions where the bean is grown.
Uganda, the biggest exporter of coffee in Africa, could see exports rise to 3.6 million 60-kg bags for the season.
The National Union of Coffee...

Read more: Rainy weather will increase coffee output in Uganda

ICE raw sugar hits June 2010 lows, arabica coffee plunges

* Volumes pick up as ICE raw sugar drops to 14.43 cts/lb
* Huge Brazilian output, global inventories pressure sugar
* ICE coffee drops the most since May in late-day sell-off (Adds market comment on coffee; updates with closing sugar, coffee prices, milestones)
By Luc Cohen and David Brough
NEW...

Read more: ICE raw sugar hits June 2010 lows, arabica coffee plunges

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

Tanzania arabica coffee prices rise, tracking New York market

DAR ES SALAAM (Reuters) – Tanzania’s arabica coffee prices rose at auction last week, tracking higher New York markets as demand increased, the regulator Tanzania Coffee Board (TCB) said on Tuesday.
    Prices of robusta coffee beans fell at the second auction of the season, but all t...

Read more: Tanzania arabica coffee prices rise, tracking New York market

Coffee jumps on Brazilian harvest worries

Coffee prices firmed to a two-month high on continued uncertainty about the size of the crop in Brazil, the world’s largest producer of the commodity.
After hitting a two-year high of $2.19 a pound in April on the back of the drought in Brazil, arabica coffee, the higher quality bean, fell back a...

Read more: Coffee jumps on Brazilian harvest worries

Coffee Prices Tumble to Their Lowest in Nearly Five Months

NEW YORK—Futures prices for Arabica coffee fell on Thursday to their lowest in nearly five months, after some investors liquidated bets on rising prices, which encouraged others to take short positions while the market cascaded lower.
Arabica coffee for delivery in September on the ICE Futures U...

Read more: Coffee Prices Tumble to Their Lowest in Nearly Five Months

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