The weather forecast in Brazil that there is no longer a risk of frost caused the New York futures price to reverse down despite continuing to increase “shockingly” before… Robusta chart London September 2021 session on July 23, 2021 Ending the session, the price of Robusta coffee on ICE Europe – London increased for the […]
Category Archives: Coffee
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Coffee
Markets 24/7: Oil prices continue to rise, gold falls, natural gas hits 6-month high, iron ore has worst week in 17 months
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Jul
Jul
Oil prices rose for the fourth consecutive session Oil prices rose during the session on expectations that supply will remain tight this year. Closing session 23/7, Brent crude oil increased 31 US cents or 0.4% to 74.1 USD/barrel. WTI oil rose 16 US cents or 0.2% to 72.07 USD/barrel. For the whole week, Brent crude […]
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Jul
Coffee prices increased “shockingly” when the market had more reports of damage caused by frost on the Brazilian coffee belt… Robusta chart London September 2021 session on 22/07/2021 Ending the session, the price of Robusta coffee on ICE Europe – London increased for the third consecutive session. The September spot term increased by 110 USD, […]
Coffee
Is the sharp increase in world coffee prices an opportunity for Vietnam’s coffee export industry?
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Jul
Jul
In recent times, the increasing trend of world coffee prices is the focus of attention of domestic and foreign investors. In just over half a year, the price of two main coffee products, Robusta and Arabica, has increased by more than 30%. In the past 10 days, Arabica coffee prices have increased a total of […]
Coffee
Market on July 23: Oil prices rose for the 3rd consecutive session, coffee soared 10%, iron ore hit 3-week low, rice hit multi-month low
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Jul
Jul
Oil rose 1.5 USD/barrel Oil prices rose by about $1.50 per barrel, rising for the third consecutive session on expectations of a tighter supply in 2021. Closing the session, Brent crude rose $1.56 or 2.2% to $73.79 a barrel, while WTI crude rose $1.61, or 2.3%, to $71.91 a barrel. OPEC+ this week agreed to […]
22
Jul
Jul
The world’s largest coffee exporter is facing one of the coldest climates in more than 25 years, reducing supply prospects and threatening to raise coffee prices. Temperatures in Brazil’s main coffee-producing regions fell below 0 degrees Celsius for hours on Tuesday, July 20, with southern Minas Gerais being the coldest since 1994, according to Rural […]
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Jul
Jul
The two futures coffee floors increased sharply as the full moon day of July was approaching… Read more: >> Frost in Brazil threatens to raise coffee prices further. Robusta chart London September 2021 session on July 21, 2021 At the end of the session, the price of Robusta coffee on ICE Europe – London continued […]
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Jul
In the session of July 20 alone, the price of arabica coffee increased by more than 6% due to increasing concerns about damage caused by consecutive frosts in Brazil. Ending this session, arabica coffee for September futures rose 10.4 cents, or 6.6%, to $1,668/lb, close to the highest level in 4.5 years; During the session, […]
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Jul
Jul
If the daytime temperature increases, the consequences after the frost will be more severe… Robusta chart London September 2021 session on 20/07/2021 At the end of the session, the price of Robusta coffee on the ICE Europe – London exchange rebounded. The September spot term increased by $29 to $1,761/ton and the November delivery term […]
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Jul
However, the market is still carefully watching Brazil weather reports late today. Robusta chart London September 2021 session on 19/07/2021 At the end of the first session of the week, the price of Robusta coffee on ICE Europe – London reversed to decline. The September spot term fell $35 to $1,732/ton and the November delivery […]