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Arabica coffee falls as new COVID-19 strain sinks markets

The dollar surged versus most currencies, making dollar-priced soft commodities costlier for non US investors early in the day but shifted course, driving the sugar and cocoa markets.

Published 22 Dec, 2020 10:58am

Markets

Sugar, coffee, cocoa slide as new COVID-19 strain sinks markets

March London cocoa slipped 0.1% to 1,647 pounds per tonne.
March raw sugar fell 0.3% to 14.39 cents per lb, having hit a one-week high.
March arabica coffee was down 2% to $1.2455 per lb.

Published 21 Dec, 2020 08:07pm

Markets

Thai stocks, baht slump as new virus cluster threatens economic growth

The South Korean won and the Singapore dollar fell about 0.3% each, while the Taiwanese dollar was the only exception, moving up 1.3%.

Published 21 Dec, 2020 12:01pm

Markets

Raw sugar slips as dollar consolidates losses; coffee gains

March raw sugar was down 0.2pc to 14.65 cents per lb at 1156 GMT, having earlier hit a one week high of 14.76.

Published 18 Dec, 2020 08:31pm

Markets

Raw sugar edges up as dollar weakens, coffee also higher

The dollar fell to its lowest in more than two years against the pound and euro on Thursday.

Published 17 Dec, 2020 04:46pm

Markets

Asia Coffee-Vietnam supply steady but trade subdued, Indonesia quiet

Rabobank on Monday expected Vietnam's production in 2021/22 to increase by 5% to 30.3 million bags of 60 kg each.

Published 17 Dec, 2020 12:33pm

Markets

Vietnam Nov coffee exports drop 8.4% m/m, rice down 3.1%

For the first eleven months of the year, Vietnam exported 1.43 million tonnes of coffee, down 3.0% from a year earlier, Vietnam Customs said in a statement.

Published 14 Dec, 2020 11:37am

Markets

Robusta coffee slips to five-week low, cocoa also down

March robusta coffee futures were down $9, or 0.7pc, at $1,325 per tonne by 1237 GMT after hitting a five-week low of $1,317.

Published 10 Dec, 2020 07:44pm

Markets

NY coffee may fall towards $1.1210

The support is identified as the 38.2% retracement of the downtrend from $1.3565 to $1.0485.

Published 10 Dec, 2020 06:37pm

Markets

Asia Coffee-Vietnam domestic prices edge down; Indonesia tepid

Meanwhile, robusta beans from the province of Lampung on Indonesia's Sumatra island were offered at a $270 premium to the April contract, a trader in Lampung province said.

Published 10 Dec, 2020 01:33pm

Markets

Brazil's green coffee exports jump 36pc in Nov. to over 4mn bags

There was a slight decrease in shipments compared to October, when the country shipped 4.15 million bags of green coffee.

Updated 09 Dec, 2020 08:55pm

Markets

New York coffee biased to rise towards $1.2390

The resistance is identified as the 61.8pc retracement of the downtrend from $1.3565 to $1.0485.

Published 08 Dec, 2020 05:30pm

Markets

SOFTS-Arabica coffee futures surge; raw sugar also climbs

Dealers said dry weather in southern Brazil remained a key supportive factor, with some crop damage now considered inevitable and plentiful December rain needed to limit losses.

Published 27 Nov, 2020 06:36pm

Markets

New York coffee may fall to $1.1465

The support is identified as the 38.2pc retracement of the uptrend from $1.0485 to $1.2440.

Published 24 Nov, 2020 04:34pm

Markets

Raw sugar extends gains, with India exports still on hold

March New York cocoa fell $14, or 0.6%, to $2,342 a tonne.
December arabica coffee fell 0.7 cents, or 0.6%, to $1.1230 per lb.
March raw sugar rose 0.4 cents, or 0.3%, to 14.95 cents per lb.

Published 13 Nov, 2020 07:20pm

Markets

Raw sugar recovers but remains in range, awaiting India news

March raw sugar rose 0.24 cents, or 1.7%, to 14.73 cents per lb.
December arabica coffee rose 1.1 cents, or 1%, to $1.1020 per lb.
March New York cocoa fell $19, or 0.8%, to $2,355 a tonne,

Published 12 Nov, 2020 06:28pm

Markets

Raw sugar falls as funds consolidate recent gains

March raw sugar fell 0.07 cents, or 0.5%, to 14.81 cents per lb by 1119 GMT, having hit an eight-month high of 15.23 cents last week.
December arabica coffee edged up 0.3 cents, or 0.3%, to $1.0715 per lb.

Published 10 Nov, 2020 08:29pm

Markets

Sugar, coffee and cocoa rise as dollar weakens post Biden win

March raw sugar rose 0.09 cent, or 0.6%, to 15 cents per lb, heading closer to the eight-month high of 15.23 cents hit last week.
December arabica coffee rose 1.3 cent, or 1.2%, to $1.0840 per lb.

Published 09 Nov, 2020 07:35pm

Markets

Raw sugar prices ease, coffee and cocoa climb

December arabica coffee rose by 1.10 cents, or 1%, to $1.0705 per lb.
March New York cocoa was up $13, or 0.6%, at $2,331 a tonne.

Published 06 Nov, 2020 05:17pm

Markets

Sugar, coffee and cocoa slide on coronavirus lockdowns fears

March raw sugar fell 0.15 cents, or 1%, to 14.68 cents per lb.
March New York cocoa fell $76, or 3.1%, to $2,379 a tonne.
January robusta coffee fell $12, or 0.9%, to $1,339 a tonne, having hit a one-month high on Tuesday.

Published 28 Oct, 2020 06:18pm

Markets

Raw sugar gains, heads for sixth week of gains

Arabica coffee headed back into negative territory while cocoa prices rallied.
December white sugar fell $0.80, or 0.2%, to $398.20 a tonne.
January robusta coffee fell $9, or 0.7%, to $1,298 a tonne.

Updated 23 Oct, 2020 07:05pm

Markets

SOFTS-Arabica coffee prices slip as rains aid Brazil crop

Dealers noted forecast rains in Brazil should improve the outlook for crops in the world's top producer although dry conditions remain a concern.

Published 15 Oct, 2020 05:54pm

Markets

Sugar and coffee futures fall on large fund selling

December white sugar settled down $2.30, or 0.6%, at $382.60 a tonne.
December New York cocoa settled up $12, or 0.5%, to $2,444 a tonne.
November robusta coffee settled down $27, or 2.1%, at $1,233 a tonne.

Published 13 Oct, 2020 01:22am

Markets

Vietnam Sept coffee exports down 0.5pc m/m; rice down 36.4pc

Coffee shipments in the first nine months of this year fell 1.4pc from a year earlier to 1.25 million tonnes, the Customs Department said in a statement.

Published 12 Oct, 2020 03:58pm

Markets

Arabica coffee rises for 4th session; raw sugar rally continues

Raw sugar futures rose for the ninth session on Friday, closing near a seven-month top on improved outlook for the 2020-21 season.
December white sugar settled down $0.90, or 0.2%, at $384.90 a tonne.

Published 10 Oct, 2020 01:29am

Markets

Raw sugar climbs to 7-month high, arabica coffee also up

Arabica coffee ended up for the third consecutive session, slowly recovering from a two-month low last week.
December white sugar settled up $1.70, or 0.4%, at $385.80 a tonne.

Published 09 Oct, 2020 01:36am

Markets

NY coffee could retest resistance at $1.3535 in Q4

The contract is riding on a wave C from $0.9455, the third wave of a presumed three-wave cycle from the May 2019 low of $0.8760.

Published 08 Oct, 2020 06:02pm

Markets

Sugar rises above 14-cent level for first time since March; coffee up nearly 2pc

Arabica coffee futures jumped nearly 2%, continuing to recover from last week's two-month low.
December white sugar settled up $5.20, or 1.4%, at $384.10 a tonne, having hit its highest level since mid-June at $384.20.

Published 08 Oct, 2020 01:46am

Markets

Sugar jumps to a 7-month top, coffee rises slightly

Arabica coffee futures were slightly higher, edging further away from a more than two-month low set last week, while cocoa prices eased.
December white sugar settled up $5.70, or 1.5%, at $378.90 a tonne.

Published 07 Oct, 2020 01:59am

Markets

SOFTS-Arabica coffee edges higher, London cocoa eases

December arabica coffee rose by 0.4 cents, or 0.4pc, to $1.076 per lb by 0948 GMT. The front month set a more than two-month low of $1.0490 on Friday.

Published 06 Oct, 2020 03:32pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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