MILAN – Arabica Coffee futures in New York reached new highs on Tuesday over renewed concerns that the Brazilian harvest may turn out to be lower than estimated. The benchmark contract for September delivery closed at142.75 cents a pound, its highest close since April 18.
HANOI, Vietnam – Lower outflow from Vietnam, coupled with falling exports from Brazil, could reduce the downward pressure on prices created by ample stocks in importing nations. Vietnam's coffee exports fell last month by more than a fifth from the same period last year, extending a downward trend ...
SAO PAULO, Brazil –The coffee harvesting in the 2017/18 season has advanced in most Brazilian producing regions, favored by firm weather. Thus, prices dropped in Brazil in June. Robusta quotes decreased 17.79 reais per 60-kilo bag in the month. On June 30, the CEPEA/ESALQ Index of robusta type 6, screen 13, Espírito Santo State ...
PARIS—A looming butter shortage has pushed prices up to exorbitant levels, and one baking industry group is warning of “a major crisis” that could imperil the very existence of the croissant as we know it—or at least as we ought to know it. A “major crisis” over a crescent roll? Oh, yes.
LONDON – Coffee prices continued to fall as the market remains well supplied and inventories in consuming countries are high as a result of strong exports in the first seven months of the coffee year. For the first time in three years, Colombian Milds traded above Other Milds.
HCM City, Vietnam – The 2017-18 coffee crop is expected to yield around 1.4 million, which is equal to or slightly lower than last year’s harvest, according to the Vietnam Coffee and Cocoa Association. Nguyen Nam Hai, deputy chairman of the association, said the annual coffee crop would enter the harvest season in October or November.
SAO PAULO, Brazil – After a period when trades were halted, coffee roasters resumed purchasing coffee in the Brazilian market, mainly Robusta beans and mid-quality Arabica, in the first fortnight of May. The purchased volume, however, was limited, once the availability of these types of coffee ...
ABIDJAN – The current review of the cocoa market situation reports on price movements on the international markets during the month of April 2017. Chart I illustrates price movements on the London (ICE Futures Europe) and New York (ICE Futures US) markets in April. Chart II shows the evolution of the ICCO daily price, quoted in ...
HANOI, Vietnam – Coffee exports from Vietnam fell to 134,800 tons in April, the lowest level in five months, the country’s customs office stated. Sales from the world's largest Robusta producer and exporter, fell 28.3 percent from the same month in 2016, the Finance Ministry-run Vietnam Customs said in its monthly report.
LONDON – Coffee prices fell sharply at the end of April as institutional investors sold off their positions. The coffee market continues to be well supplied as total exports in the first half of coffee year 2016/17 are estimated up by 4.8% to 60 million bags. In absence of fundamental news, the outlook for the 2017/18 crop ...