Monday 20 May 2024
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Coffee futures prices surge on weather concerns, Rabobank bearish on world consumption

MILAN – Coffee futures prices surged in yesterday’s session on renewed weather concerns in Brazil and Colombia. In New York, the main contract for...

Coffee futures marginally up on stronger dollar, Brazil’s harvest near to completion

MILAN – Coffee futures prices edged up yesterday on shrinking inventories and a stronger real, which received an additional boost from the approval of...

Ice Arabica futures hit their lowest levels in seven months, Robusta at four-month low

MILAN – Coffee futures prices closed lower for the third straight day on Wednesday. Ice Arabica contract for September delivery fell 35 points to...

Colombia’s coffee production flat in July, exports strongly down on year to 846k bags

BOGOTÁ, Colombia – Registered coffee production in Colombia, the world's largest producer of washed Arabicas, reached 947,000 bags in July, virtually flat on year,...

Coffee futures prices slip from 1-month highs on weaker real, harvesting progress in Brazil

MILAN – Arabica coffee futures ended the week on the low side after hitting a 5-week high on Wednesday, August 2nd. The main contract...

JDE Peet’s to acquire Maratá’s coffee & tea business in Brazil

AMSTERDAM, The Netherland – JDE Peet’s, the world’s leading pure-play coffee and tea company by revenue, today announced that it has signed an agreement...

Robusta prices rebound in the last session of the week, New York up from 5-month lows

MILAN – Uncertainty over the upcoming crop seasons in some of the world’s leading coffee producers led to a new rebound in Robusta prices...

Coffee futures prices ease from recent highs, coffee harvest in Brazil is 26 percent complete

MILAN – Coffee futures prices eased further from recent peaks on Monday on positive weather news from Brazil. In New York, the most active...

Coffee futures prices soar on both markets following news that El Niño has already begun

MILAN – Coffee prices rose sharply yesterday on both markets following new reports showing that a new El Niño weather pattern has begun, which...

Robusta futures cross again the $2,600 mark, New York recovers from recent lows

MILAN – Robusta coffee futures crossed again the $2,600 mark on Thursday nearing recent highs. The main contract for July delivery gained $49 (+2%)...

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