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coffee prices

Raw sugar futures edge higher, arabica also rises
Markets

Raw sugar futures edge higher, arabica also rises

  • July raw sugar rose by 0.02 cent, or 0.1%, to 17.75 cents per lb.
  • July arabica coffee rose by 1.25 cents, or 0.8%, to $1.5845 per lb.
  • September London cocoa rose by 12 pounds, or 0.75%, to 1,621 pounds a tonne.
Published 10 Jun, 2021 06:59pm
Raw sugar futures fall, arabica coffee also weakens
Markets

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
Arabica coffee prices soften; raw sugar also down
Markets

Arabica coffee prices soften; raw sugar also down

  • July arabica coffee fell by 0.95 cents, or 0.6%, to $1.6020 per lb.
  • July raw sugar fell by 0.17 cents, or 1%, to 17.51 cents per lb.
  • September New York cocoa rose by $16, or 0.65%, to $2,482 a tonne.
Published 03 Jun, 2021 08:27pm
Brazil's 2021 coffee crop forecast cut to 56.5mn bags
Markets

Brazil's 2021 coffee crop forecast cut to 56.5mn bags

  • Safras now expects the harvest of arabica beans to reach 34.7 million bags versus 35.2 million bags previously. Compared to last year's crop, the reduction on arabica production is 31%.
  • The consultancy adjusted slightly upwards its projection for robusta coffee production in Brazil by 100,000 bags to 21.8 million bags. The Brazilian robusta crop is seen growing 12% from last year.
Published 20 May, 2021 09:02pm
Guatemala's coffee exports to fall up to 3pc this season
Markets

Guatemala's coffee exports to fall up to 3pc this season

  • International arabica futures prices are on a tear at the moment, trading near four-year highs mostly because of falling output in Brazil, which accounts for up to half of the world's arabica supply.
  • "(We've) been having labor shortages over the last couple of harvests. Low prices play a role, its hard to improve wages," Juan Luis Barrios, president of Anacafe, told.
Published 19 May, 2021 08:54pm
Raw sugar edges higher, arabica coffee also up
Markets

Raw sugar edges higher, arabica coffee also up

  • July raw sugar rose by 0.05 cent, or 0.3%, to 17.01 cents per lb.
  • July arabica coffee was up 0.05 cent, or 0.03%, at $1.4505 per lb.
  • July London cocoa rose by 22 pounds, or 1.3%, to 1,711 pounds a tonne.
Published 17 May, 2021 08:20pm
Arabica coffee slips
Markets

Arabica coffee slips

LONDON: Arabica coffee futures on ICE fell on Friday as the market consolidated after hitting a four-year peak in ...
Published 09 May, 2021 03:20am
Uganda's coffee exports up 20pc yr/yr March
Markets

Uganda's coffee exports up 20pc yr/yr March

  • The east African country's is Africa's largest coffee exporter and earnings from the crop constitute the second largest source foreign exchange after gold.
  • Shipments in March rose to 572,839 60-kg bags compared to exports in the same period 12 months earlier, state-run Uganda Coffee Development Authority (UCDA) said in a report.
Published 20 Apr, 2021 08:14pm