Friday 26 July 2024
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CATEGORY

Market & Trade

Coffee futures prices recover from mid-week lows on weaker dollar and tight supply outlook

MILAN – Coffee futures prices recovered from mid-week lows in yesterday's session (Thursday 25th July). In New York, the Ice Arabica September contract gained...

Coffee futures prices rebound in the first session of the week on worsening estimates, tight supply

MILAN - Coffee futures rebounded at the start of the week, with New York and London both well into positive territory. The contract for...

Safras & Mercado cut its estimate of coffee production in Brazil for 2024/25 to just over 66 mln bags

MILAN - Safras & Mercado Friday lowered its estimate for Brazil coffee production in CY 2024/25. With the harvest now about three-quarters complete (74%...

Breakfast food market size is set to grow by $105.3 billion from 2024-2028, Technavio

NEW YORK, USA – The global breakfast food market size is estimated to grow by USD 105.3 billion from 2024-2028, according to Technavio. The...

Fairtrade issues statement on soaring coffee prices

MILAN – The Fairtrade Foundation has issued a statement regarding the sharp rise that has recently occurred in green coffee prices. Contrary to common...

Cold coffee is hot in Sweden: one in three young coffee drinkers choose ice coffee

KARLSTAD, Sweden – Four out of five Swedes regularly drink coffee, which makes Sweden one of the world’s most coffee-consuming countries. Hot coffee is...

Coffee futures consolidate with slight losses on both markets

MILAN – Another day of consolidation for coffee futures , with very slight downward corrections in both markets. In New York, the benchmark dropped...

Coffee futures end mixed in sluggish sessions on Tuesday

MILANO – Coffee futures markets ended mixed on Tuesday in a slow session characterised by limited trading ranges. New York recovered 145 points after...

DMCC briefs World Trade Organization on 2024 Future of Trade Report in Geneva

GENEVA, Switzerland – DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – briefed a select...

London futures hit new record highs last week, with a pound of Robusta worth over 210 cents

MILAN — It was another record week for the coffee markets, with London hitting a new contract high and New York reaching levels not...

Robusta futures surge to new highs on tight supply, lower exports from Vietnam

MILANO – Robusta futures hit new all-time highs in yesterday's session, Thursday, 11 July. The contract for September delivery hit a new intraday record...

Brazilian coffee exports reached a new all-time high of 47.3 million bags in 2023/24

MILAN – Brazilian coffee exports from record to record: according to Cecafé's monthly data - released yesterday evening, Wednesday 10 July - during the...

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