Category Archives: Coffee

Oil increased 3% due to strong US economy and Red Sea tensions Oil prices rose about 3% to their highest since December 2023 after US economic data showed faster-than-expected growth last quarter and as tensions in the Red Sea continued to disrupt trade. Global. Brent crude oil futures prices increased by 2.39 USD, equivalent to […]

Fears of global economic risks have eased after the PMI report is expected to help most commodity markets regain their strength… Robusta London May 2024 chart dated January 24, 2024 At the end of the trading session, Robusta coffee prices on the ICE Europe – London exchange reversed to increase. March delivery futures increased by […]

Oil jumped 1% due to a sharp drop in US crude oil reserves Oil prices rose about 1% due to reduced US crude oil production, China’s economic stimulus measures, geopolitical tensions and a weaker USD. Brent crude oil futures increased 49 cents, or 0.6%, to close at $80.04/barrel, while US West Texas Intermediate (WTI) crude […]

Simplified DXY has prompted funds and speculation to correct across most markets overall… Robusta London chart March 2024 January 23, 2024 At the end of the trading session, Robusta coffee prices on ICE Europe – London floor reversed and decreased. The March delivery term decreased by 38 USD, to 3,182 USD/ton and the May delivery […]

Drought in Brazil and reports of ICE inventories standing at very low levels have caused the market to fear a supply shortage, pushing coffee futures prices soaring… Robusta London chart March 2024 January 22, 2024 At the end of the first trading session of the week, Robusta coffee prices on ICE Europe – London continued […]

Over the past week, commodity markets in general have had more basic information that has supported the upward price trend, especially on both world coffee futures exchanges… Robusta London Bieu March 2024, week 3 (January 15, 2024 – January 20, 2024) For the whole week of March 2024, the London market had 3 increasing sessions […]

Dryness in Brazil and concerns about supply delays have pushed markets back to an upward price trend… Robusta London chart March 2024 January 19, 2024 At the end of the weekend trading session, Robusta coffee prices on the ICE Europe – London exchange reversed and recovered. March delivery futures increased by 65 USD, to 3,128 […]

Robusta coffee prices continue to decline after previously increasing too much as investors look for coffee beans from other manufacturers to replace… Robusta London chart March 2024 January 18, 2024 At the end of the trading session, Robusta coffee prices on ICE Europe – London continued to decline. March delivery futures decreased another 93 USD, […]

Cecafe reported December export results and the Reais exchange rate is at a favorable level for Brazil to promote export coffee sales, causing speculation on both futures exchanges to adjust their net holding positions… Robusta London chart March 2024 January 17, 2024 At the end of the trading session, Robusta coffee prices on ICE Europe […]

Oil fluctuates slightly Oil prices were nearly unchanged on Wednesday as a severe cold snap that disrupted some US oil production offset disappointing economic growth in China that raised concerns about energy demand. quantity. Brent crude oil ended the session down 41 US cents to 77.88 USD/barrel. US West Texas Intermediate (WTI) crude rose 16 […]