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Apr 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

cocoa beans

London cocoa prices fall as May's discount widens

London cocoa prices fall as May's discount widens

  • May London cocoa was down by 39 pounds, or 2.4%, to 1,602 pounds a tonne.
  • May raw sugar rose by 0.45 cents, or 3.0%, to 15.63 cents per lb.
  • May arabica coffee rose by 0.3 cents, or 0.2%, to $1.2815 per lb.
Published 09 Apr, 2021 08:58pm
Arabica coffee prices rise with supplies set to tighten
Markets

Arabica coffee prices rise with supplies set to tighten

  • May arabica coffee rose by 1.25 cents, or 1%, to $1.28 per lb.
  • May raw sugar rose by 0.04 cents, or 0.3%, to 15.18 cents per lb.
  • May London cocoa fell by 33 pounds, or 1.95%, to 1,660 pounds a tonne, weighed partly by diminished concerns about short-term tightness in tenderable supplies.
Published 08 Apr, 2021 08:17pm
Ivory Coast 2020/2021 cocoa arrivals seen at 1.660mn tonnes by April 4
Markets

Ivory Coast 2020/2021 cocoa arrivals seen at 1.660mn tonnes by April 4

  • Ivory Coast's 2020/2021 cocoa mid-crop harvest started on April 1 and will end Sept. 30.
  • About 7,000 tonnes of beans were delivered to Abidjan port and 3,000 tonnes to San Pedro between April 1 to April 4 for a total of 10,000 tonnes, down from 16,000 tonnes during the same week last season.
Updated 06 Apr, 2021 07:29pm
Raw sugar recovers from 3-month low; coffee, cocoa gain
Markets

Raw sugar recovers from 3-month low; coffee, cocoa gain

  • May raw sugar rose 0.7% to 14.88 cents per lb.
  • "We forecast the global market in an 8.5 million tonne surplus in both 2020/21 and in 2021/22. In 2021/22, production will recover in the EU, Thailand and Russia among others," said Fitch Solutions.
Published 01 Apr, 2021 08:11pm
Raw sugar slumps to three-month low, coffee also down
Markets

Raw sugar slumps to three-month low, coffee also down

  • May raw sugar fell by 0.12 cents, or 0.8%, to 15.07 cents per lb.
  • "The funds, who started the year in a very ebullient mood (on sugar), seem to be throwing in the towel as prices fall through key support levels," analyst Green Pool said in a weekly market update.
Published 29 Mar, 2021 06:46pm
Raw sugar futures rise, coffee also climbs
Markets

Raw sugar futures rise, coffee also climbs

  • May raw sugar rose by 0.08 cents, or 0.5%, to 15.17 cents per lb.
  • May arabica coffee rose by 2.05 cents, or 1.6%, to $1.2865 per lb. The contract dipped to a low of $1.2520 on Thursday, its weakest since Feb. 17.
Published 26 Mar, 2021 05:45pm
Raw sugar edges higher while arabica coffee also gains
Markets

Raw sugar edges higher while arabica coffee also gains

  • May raw sugar rose by 0.02 cents, or 0.1%, to 15.45 cents per lb.
  • May white sugar rose by $4.40, or 1%, to $444.90 a tonne.
  • May arabica coffee rose by 0.15 cents, or 0.1%, to $1.2775 per lb after dipping to a two-week low of $1.2650.
Published 24 Mar, 2021 09:54pm
Raw sugar prices fall as Brazilian currency weakens
Markets

Raw sugar prices fall as Brazilian currency weakens

  • A weaker real encourages Brazilian exporters to sell dollar-priced commodities such as sugar and coffee because it raises their returns in local currency terms.
  • Dealers noted buying emerged around the day's low of 15.55 cents a lb, a level where it also found support on Friday and in early February.
Published 22 Mar, 2021 08:30pm
Arabica coffee prices weaken, sugar also down
Markets

Arabica coffee prices weaken, sugar also down

*May arabica coffee fell by 0.75 cents, or 0.6%, to $1.3375 per lb. * May raw sugar fell by 0.25 cents, or 1.5%, to 16.05 cents per lb. * May London cocoa fell by 3 pounds, or 0.2%, to 1,734 pounds a tonne.
Published 17 Mar, 2021 08:35pm
Ivory Coast sells almost 100,000 tonnes of 2021/2022 cocoa at small discount
Markets

Ivory Coast sells almost 100,000 tonnes of 2021/2022 cocoa at small discount

  • The regulator however maintained a $400/tonne premium known as the living income differential (LID) that was introduced this season to boost farmers' incomes.
  • A bumper crop and weak global demand caused by the pandemic, coupled with the introduction of the LID, left piles of unsold beans in warehouses in Ivory Coast.
Published 02 Mar, 2021 08:41pm
Raw sugar climbs on improving economic outlook
Markets

Raw sugar climbs on improving economic outlook

  • May arabica coffee rose by 1.45 cents, or 1.2%, to $1.2450 per lb.
  • May London cocoa fell by 8 pounds, or 0.5%, to 1,654 pounds a tonne with the strength of sterling against the dollar weighing on prices.
  • March raw sugar rose by 0.18 cents, or 1.1%, to 16.56 cents per lb.
Published 16 Feb, 2021 07:43pm
Raw sugar edges higher, cocoa also climbs
Markets

Raw sugar edges higher, cocoa also climbs

  • March raw sugar rose 0.02 cents, or 0.1%, to 16.29 cents per lb.
  • May New York cocoa was up $12, or 0.5%, at $2,457 a tonne.
  • March arabica coffee fell 1.05 cents, or 0.85%, to $1.2305 per lb.
Published 09 Feb, 2021 09:27pm