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Topic

cocoa regulator

Raw sugar sets 4-1/2 year peak; cocoa also climbs

Raw sugar sets 4-1/2 year peak; cocoa also climbs

Published 17 Aug, 2021 07:48pm
  • December arabica coffee fell by 2.95 cents, or 1.6%, to $1.8330 per lb
  • December London cocoa was up 6 pounds, or 0.3%, at 1,797 pounds a tonne, edging towards Monday's five-month high of 1,804 pounds
Raw sugar sets 5-1/2 month peak, Brazil crop outlook dims

Raw sugar sets 5-1/2 month peak, Brazil crop outlook dims

Updated 06 Aug, 2021 07:46pm
  • December New York cocoa fell by $1, or 0.04%, to $2,456 a tonne
  • September arabica coffee fell by 2.4 cents, or 1.4%, to $1.7450 per lb
  • October raw sugar rose by 0.14 cents, or 0.75%, to 18.76 cents per lb
Coffee prices plunge as traders focus on Brazil frosts

Coffee prices plunge as traders focus on Brazil frosts

Published 30 Jul, 2021 08:28pm
  • September arabica coffee fell by 16.1 cents, or 8.2%, to $1.8040 per lb
  • October raw sugar fell by 0.14 cent, or 0.8%, to 18.16 cents per lb
  • December New York cocoa fell by $23, or 0.9%, to $2,462 a tonne
Arabica coffee hits 4-1/2 year high on Brazil frosts

Arabica coffee hits 4-1/2 year high on Brazil frosts

Published 21 Jul, 2021 06:09pm
  • September robusta coffee fell 1.1% to $1,742 a tonne, having hit a three year high of $1,793 on Tuesday
  • October raw sugar fell 0.9% to 17.27 cents per lb, having closed up 2% on Tuesday
Arabica coffee steadies, cocoa falls on surplus

Arabica coffee steadies, cocoa falls on surplus

Published 16 Jun, 2021 05:31pm
  • September arabica coffee edged up 0.4% to $1.5380 per lb, having hit its lowest since late May on Tuesday at $1.5280.
  • September London cocoa fell 0.7% to 1,621 pounds per tonne.
Arabica coffee climbs, raw sugar also rises

Arabica coffee climbs, raw sugar also rises

Published 04 May, 2021 05:54pm
  • July arabica coffee was up 1.8 cents, or 1.3%, at $1.4205 per lb .
  • May raw sugar was up 0.37 cents, or 2.2%, at 17.10 cents per lb.
  • July New York cocoa rose by $8, or 0.3%, to $2,377 a tonne.
Arabica coffee heads back towards four-year peak

Arabica coffee heads back towards four-year peak

Published 30 Apr, 2021 05:17pm
  • July arabica coffee rose 1% to $1.4445 per lb.
    • Rust resistant plant varieties account for just over 84% of Colombia's coffee crops, with susceptible varieties making up the remaining 16%.
London cocoa hits 5-month low on supply surplus, raw sugar gains

London cocoa hits 5-month low on supply surplus, raw sugar gains

Published 12 Apr, 2021 06:10pm
  • May London cocoa fell 0.5% to 1,590 pounds per tonne at 1305 GMT, having hit its lowest since mid-November at $1,586.
  • Ivory Coast's cocoa grind, a measure of demand, stood at 293,000 tonnes by end March versus 282,000 tonnes last season, data from the exporters' association GEPEX showed.
More rain needed to strengthen Ivory Coast cocoa mid-crop, say farmers

More rain needed to strengthen Ivory Coast cocoa mid-crop, say farmers

Published 12 Apr, 2021 06:06pm
  • Farmers said more downpours this month would be crucial to avoid a decline in the harvest from July and to improve the quality of the beans, especially since temperatures have been high.
  • "The trees need more rain because it's very hot," said Kouassi Kouame, who farms in the western region of Soubre, at the heart of the cocoa belt.
Ivory Coast 2020/2021 cocoa arrivals seen at 1.660mn tonnes by April 4

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

Updated 06 Apr, 2021 07:29pm
  • 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.
Ivory Coast sells almost 100,000 tonnes of 2021/2022 cocoa at small discount

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

Published 02 Mar, 2021 08:41pm
  • 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.
Ivory Coast seeks to sell 100,000 tonnes of cocoa as buyers haggle

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

Updated 22 Feb, 2021 10:05pm
  • 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.
Ivory Coast rains revive hopes for a good cocoa crop

Ivory Coast rains revive hopes for a good cocoa crop

Updated 22 Feb, 2021 10:06pm
  • 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.
Ivory Coast cocoa exporters curb exposure and inventories amid glut

Ivory Coast cocoa exporters curb exposure and inventories amid glut

Published 22 Jan, 2021 07:19pm
  • "You have to adapt or lose a lot of money on LID," a director of an Abidjan-based international cocoa company said, requesting to remain anonymous because of the sensitivity of the issue.
  • Exporters said most of the cocoa purchased between October and December will now be used to honour around 80% of the January-March contracts.
Ivory Coast cocoa farmers get boost from rainy weather

Ivory Coast cocoa farmers get boost from rainy weather

Updated 11 Jan, 2021 07:46pm
  • The mid-crop looks to be abundant. We have lots of cherelles and small pods on the trees.
  • In the centre of the country, the region of Yamoussoukro saw 67.5 mm of rain last week, 66.3 mm above the average.
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