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Apr 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Coffee export

Mexico coffee leader touts state control of prices to help farmers
Markets

Mexico coffee leader touts state control of prices to help farmers

  • Price controls for coffee were mostly abandoned years ago due to the difficulty of reaching global agreements on supply, exposing farmers to sharp price crashes. In 2019, the world's third-largest producer, Colombia, introduced subsidies for coffee growers and, along with Brazil, called for supply caps.
  • Lopez Obrador has authorized price floors for other agricultural commodities, including Mexico's staple corn, but has to yet to carry through on most of his coffee campaign promises.
Published 12 Apr, 2021 08:54pm
London cocoa prices fall as May's discount widens
Markets

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