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coffee producer

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
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