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Arabica coffee prices

Arabica coffee prices rise with supplies set to tighten
Markets

Arabica coffee prices rise with supplies set to tighten

  • May arabica coffee rose by 1.25 cents, or 1%, to $1.28 per lb.
  • May raw sugar rose by 0.04 cents, or 0.3%, to 15.18 cents per lb.
  • May London cocoa fell by 33 pounds, or 1.95%, to 1,660 pounds a tonne, weighed partly by diminished concerns about short-term tightness in tenderable supplies.
Published 08 Apr, 2021 08:17pm
Arabica prices seen rising by end-2021 as deficit looms
Markets

Arabica prices seen rising by end-2021 as deficit looms

  • Arabica prices will end 2021 at $1.35 per pound, up 7.7% from Monday's close (Feb.1) and 5.3% above levels seen at the end of 2020, based on the median forecast of survey participants.
  • Top producer Brazil enters an off-year in its biennial crop cycle in the upcoming 2021/22 season.
Published 02 Feb, 2021 05:19pm