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...

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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...

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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...

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Coffee Rally Spurs Top Shipper to Expand Abroad: Corporate India

India’s biggest coffee exporter is expanding in Vietnam to help boost profit to a record as easy access to raw materials and regional trade agreements drive sales growth.
CCL Products (India) Ltd. (CCLP), whose shares have leaped 162 percent this year, will produce 5,000 tons this year at its V...

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Asia Coffee: Sumatran premiums widen; Vietnam’s new crop offered

SINGAPORE: Indonesian coffee premiums widened slightly this week after benchmark London futures dropped from recent highs, dealers said on Thursday, while sellers started to offer high-quality Vietnamese robustas from the upcoming harvest.
But most buyers retreated, spooked by the wild swings in...

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Indonesia coffee flowers early but bumper crop not certain

SINGAPORE: Coffee flowers blossomed one month earlier than usual in Indonesia, but the lack of other signs pointing to a bumper crop in the next harvest year have checked losses in global robusta prices, dealers said on Wednesday.
London robusta futures will be sensitive to supply changes in the...

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Unseasonal rains in Brazil send coffee price higher

Volatility has returned to the coffee markets as concerns surface about next year’s Brazilian crop amid unseasonal rains in the largest grower of the commodity.
Prices jumped last week as Brazilian coffee trader Terra Forte downgraded its crop estimate for this year, triggering a rush of buy o...

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