Trends - Coffee - Business Recorder

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

Markets

Raw sugar extends gains, arabica retreats towards 2-month low

March raw sugar settled up 0.06 cent, or 0.4%, at 13.61 cents per lb, having gained 4% last week to mark three consecutive weeks of gains.
December white sugar settled down $0.50, or 0.1%, at $373.20 a tonne.

Published 06 Oct, 2020 01:33am

Markets

SOFTS-Arabica coffee hits two-month low, sugar and cocoa also down

December arabica coffee fell by 1.35 cents, or 1.3pc, to $1.0570 per lb by 1016 GMT after touching a more than two-month low of $1.0560.

Published 02 Oct, 2020 06:00pm

Markets

NY coffee could retest resistance at $1.1185

This is the third wave of a presumed irregular flat from the Sept. 23 low of $1.0905.

Published 01 Oct, 2020 04:09pm

Markets

Raw sugar edges back up towards one-month high, arabica recovers

Arabica coffee closed up for the first time after eight consecutive sessions of falls.
December white sugar settled up $3.00, or 0.8%, at $374.20 a tonne.
November robusta coffee settled up $3, or 0.2%, at $1,352 a tonne.

Published 25 Sep, 2020 02:08am