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Source: Live Mint (Recasts, updates prices, adds details) LONDON, March 27 (Reuters) – Arabica coffee futures traded on the ICE exchange hit their lowest in a month on Thursday, as concerns grow that consumption might fall in response to high prices. * Arabica coffee fell 2.9% to $3.8070 per lb at 1548 GMT, having hit…
Source: Live Mint (Bloomberg) — Coffee roasters that were betting on lower prices opted out of hedging. Now consumers will pay the price. Companies that typically take positions in the futures market to protect themselves from price fluctuations changed course when prices began rising last year, betting they could secure a better deal later. But…
Source: Live Mint (Includes comments and closing prices) NEW YORK, March 12 (Reuters) – Raw sugar futures rose on Wednesday, supported by dry weather in Brazil and weaker production outlooks in India and Thailand, while coffee prices fell. * Raw sugar futures settled up 0.19 cent, or 1%, at 18.86 cents per lb. * Dealers…
Source: Live Mint LONDON, Dec 27 (Reuters) – New York cocoa futures were barely changed on Friday although remained well below last week’s record high while coffee and sugar prices fell. London-based cocoa, robusta coffee and white sugar contracts were resuming trading after the Christmas holiday. New York-based cocoa, arabica coffee and raw sugar markets…
Source: Live Mint (Adds comments on coffee, updates prices to settlement) LONDON, Dec 13 (Reuters) – Cocoa prices hit fresh 7-1/2-month peaks on Friday, posting gains for five consecutive weeks as the market remains concerned that this season’s supply recovery will not be enough to make up for three seasons of deficit. Meanwhile, Arabica coffee…
