Fears that the Asia-Europe maritime transport route will be disrupted have caused commodity prices to skyrocket… Robusta London chart January 2024, December 19, 2023 At the end of the trading session, the price of Robusta coffee on ICE Europe – London floor reversed and skyrocketed. January delivery futures increased by 136 USD, to 2,960 USD/ton […]
Category Archives: Coffee
Latest coffee news in vietnam and the world
Coffee futures prices are adjusted after a series of hot increases and weather forecasts that the main growing areas in Brazil are about to have rain will have a negative impact on the markets in the short term… Robusta London chart January 2024, December 18, 2023 At the end of the first trading session of […]
Hot and dry weather in southern Brazil threatens to reduce next crop output, supporting the upward price trend… London Robusta chart T1 week 50 (December 11, 2023 – December 16, 2023) For the whole week of 4950, the London market had 5 consecutive increasing sessions. The price of Robusta coffee for January delivery increased by […]
In the early days of December 2023, Robusta coffee prices in the domestic market increased sharply compared to the end of November 2023.On December 17, the domestic market recorded an increase of 6,200 – 7,000 VND/kg from December 1. Specifically, according to data from giacaphe.com, the price of coffee purchased in Gia Lai province, Kon […]
DXY reversed to increase from a 5-month low, causing speculation to shift capital flows, while dry information in Espírito Santo state, the main conilon producing state, has supported London futures prices to increase continuously… Robusta London chart January 2024, December 15, 2023 At the end of the weekend trading session, Robusta coffee prices on ICE […]
DXY’s decline on expectations that the Fed will soon cut interest rates has supported commodity markets in general, while drought in Brazil is still the focus of the coffee futures market at the moment… Robusta London chart January 2024, December 14, 2023 At the end of the trading session, Robusta coffee prices on ICE Europe […]
Oil increased 3% Oil prices increased 3%, continuing to increase from the previous session, due to a weaker USD and the International Energy Agency (IEA) raising its oil demand forecast for next year. Closing the session on December 14, Brent crude oil increased by 2.35 USD or 3.2% to 76.61 USD/barrel. WTI oil increased $2.11 […]
Dry weather forecast in Brazil threatens to damage coffee trees and push up coffee prices… Robusta London chart January 2024, December 13, 2023 At the end of the trading session, Robusta coffee prices on ICE Europe – London floor increased for the third consecutive session. The January delivery term increased by 43 USD, to 2,802 […]
Concerns that global coffee output is uncertain, while the danger of the El Nino weather phenomenon is near, contributing to the increase in market prices… Robusta London chart January 2024, December 12, 2023 At the end of the trading session, Robusta coffee prices on ICE Europe – London continued the upward trend. The January delivery […]
Weather reports of lack of rain in Brazil’s main growing regions have boosted market prices… Robusta London chart January 2024, December 11, 2023 At the end of the first trading session of the week, the price of Robusta coffee on the ICE Europe – London exchange reversed and skyrocketed. January delivery futures increased by 84 […]