Arabica coffee futures fall 1.2% from near six-week high
Arabica coffee futures settled down 3.7 cents at $3.1245 per lb as dealers took profits. Stocks in consuming countries are still expected to replenish as exports from Brazil pick up pace.
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Arabica coffee futures fall 3.4% from near six-week high
ICE arabica coffee futures fell 3.4% to $3.0525 per lb as dealers took profits. Stocks are still expected to replenish as exports from Brazil pick up pace.
Arabica Coffee Futures Up to Near 1-Week High
Arabica coffee futures swung around $2.92 per pound, approaching their highest level in a week, partly supported by signs of tighter supplies from Colombia, the world's second-largest arabica producer. On October 9, Colombia's Coffee Federation reported that coffee production fell 15% yoy to 12.65 million bags in the 2
Raw sugar hits 19-month high on Brazil weather fears; coffee gains
Raw sugar futures on ICE rose 4% to a 19-month high of 20.73 cents per pound, driven by concerns over excess El Nino-linked rains in top grower Brazil impacting output. Arabica coffee also gained.
Arabica Coffee Futures Hit 2-Week High
Arabica coffee futures rose to near $2.9 per pound, their highest level since mid-September, mainly on short covering following weeks of downward pressure. Still, gains remain capped by expectations of ample Brazilian supplies, with the country on track for a record 2026 crop and higher export flows adding to global av