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cocoa crop

Raw sugar futures fall, arabica coffee also weakens

Raw sugar futures fall, arabica coffee also weakens

  • September London cocoa slipped 0.1% to 1,609 pounds per tonne.
  • July raw sugar rose 1.9% to 17.70 cents per lb, having settled down 1.9% on Monday.
  • July arabica coffee rose 0.3% to $1.6055 per lb, having settled down 1.5% on Monday, extending its retreat from last week's 4-1/2-year high of $1.6675.
Published 08 Jun, 2021 07:23pm
Raw sugar prices edge up, cocoa and coffee weaken
Markets

Raw sugar prices edge up, cocoa and coffee weaken

  • May raw sugar rose by 0.03 cents, or 0.2%, to 15.79 cents per lb.
  • May London cocoa fell by 13 pounds, or 0.75%, to 1,723 pounds a tonne.
  • May arabica coffee fell by 0.65 cents, or 0.5%, to $1.2835 per lb.
Updated 22 Mar, 2021 06:30pm
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
Robusta coffee prices weaken, cocoa also down
Markets

Robusta coffee prices weaken, cocoa also down

  • May robusta coffee was down $13, or 0.9%, at $1,393 a tonne.
  • May London cocoa fell by 13 pounds, or 0.7%, to 1,793 pounds a tonne, extending its retreat from a three-month high of 1,822 pounds set on Wednesday.
Updated 05 Mar, 2021 08:19pm
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
London cocoa climbs to 3-month high, sugar also up
Markets

London cocoa climbs to 3-month high, sugar also up

  • May London cocoa rose by 24 pounds, or 1.4%, to 1,792 pounds a tonne.
  • May raw sugar rose by 0.18 cents, or 1.1%, to 16.63 cents per lb.
  • May arabica coffee fell by 0.05 cents, or 0.1%, to $1.3745 per lb.
Published 01 Mar, 2021 06:06pm
Arabica coffee slips as Brazil currency extends fall
Markets

Arabica coffee slips as Brazil currency extends fall

  • May London cocoa rose by 8 pounds, or 0.5%, to 1,757 pounds a tonne, underpinned by sterling weakness against the dollar.
  • May raw sugar fell by 0.21 cent, or 1.25%, to 16.63 cents per lb, extending its retreat from the almost four-year peak of 17.52 cents set on Tuesday.
Published 26 Feb, 2021 09:30pm
Cocoa gains, with New York hitting two-month high
Markets

Cocoa gains, with New York hitting two-month high

  • May New York cocoa rose 0.9% to $2,577 a tonne.
  • May arabica coffee rose 1.1% at $1.3880 per lb, after peaking at a more than one year high of $1.3960 on Wednesday.
  • May raw sugar was little changed at 18.13 cents per lb, having hit a near four-year peak of 17.52 cents set on Tuesday.
Published 25 Feb, 2021 06:26pm
Ivory Coast seeks to sell 100,000 tonnes of cocoa as buyers haggle
Markets

Ivory Coast seeks to sell 100,000 tonnes of cocoa as buyers haggle

  • There are around 100,000 tonnes of cocoa held by small Ivorian exporters that the CCC is trying to sell, but the problem is that no-one is interested if the differential is not interesting.
  • Two CCC sources, asking not to be named, confirmed the volumes and the discounts requested by exporters.
Updated 22 Feb, 2021 10:05pm
Ivory Coast rains revive hopes for a good cocoa crop
Markets

Ivory Coast rains revive hopes for a good cocoa crop

  • Ivory Coast, the world's top cocoa producer, is in the dry season, when little rain tends to fall from mid-November to March.
  • All the farmers are happy. The ground received a lot of water, which gives us lots of hope for the mid-crop.
Updated 22 Feb, 2021 10:06pm
Dry weather and heat threaten Ivory Coast's cocoa crop
Markets

Dry weather and heat threaten Ivory Coast's cocoa crop

  • The soil is becoming dry. We need a good rain before the end of the month or we will have losses.
  • A prolonged heat wave could worsen the quality of beans during the first three months of the mid-crop, farmers said.
Published 15 Feb, 2021 08:51pm