Oil drops 1% to 2-week low Oil prices fell about 1% to a two-week low on Thursday on growing concerns that the US Federal Reserve (Fed) may go too far in raising interest rates to keep inflation in check – which may be the case. economic downturn and reduce oil demand in the future. Brent […]
Category Archives: Coffee
Latest coffee news in vietnam and the world
Oil up about 2% on China growth hopes Oil prices rose about 2%, as hopes of a strong Chinese economic recovery outweighed worries that rising US interest rates would drag down consumption in the world’s largest economy. Closing the session on February 28, Brent crude oil delivered in April, due in this session increased by […]
Oil prices continue to rise Oil prices rose but held steady for a week, helped by a falling Russian export outlook, overshadowing rising US crude inventories and concerns about global economic activity. Closing the session on February 24, Brent crude oil increased 95 US cents, or 1.2%, to 83.16 USD/barrel. West Texas Intermediate crude rose […]
Oil price up 1% Oil prices rose more than 1%, boosted by optimism about Chinese demand, continued output curbs by major producing countries and Russia’s plan to curb supplies. Closing the session on February 20, Brent crude oil increased by 1.07 USD, or 1.3%, to 84.07 USD/barrel. West Texas Intermediate crude rose 85 US cents, […]
The highest export turnover in more than a decade 2022 is a very successful year for Vietnam’s coffee exports. According to preliminary statistics from the General Department of Customs, Vietnam has exported 1.78 million tons of coffee in the past year with a total turnover of over 4.06 billion USD. This is the highest level […]
Oil price drop Crude oil prices fell as oil infrastructure suffered no major damage following earthquakes in Turkey and Syria, while US oil inventories rose and investors worried about a Fed rate hike. US Federal Reserve. Ending the session on February 9, Brent crude oil fell $0.59 or 0.7% to $84.50 per barrel. WTI oil […]
Oil prices continue to fall Oil prices fell, as U.S. industry-related orders fell, while the dollar strengthened, making crude more expensive for non-American customers. Closing the session on February 2, Brent crude oil fell 67 US cents or 0.8% to $82.17 per barrel and West Texas Intermediate crude fell 53 US cents or 0.7% to […]
Oil up nearly 2% Oil prices rose about 2% on anticipation of stronger global demand as China reopens its economy and on positive US economic data. Closing the session on January 26, Brent crude oil gained 1.35 USD or 1.6% to 87.47 USD/barrel, while WTI oil increased 86 US cents or 1.1% to 81.01 USD/barrel. […]
The coffee futures markets recorded that Commodity Funds returned to buy up the previous strong net selling volumeā¦ Robusta chart London 3/2023 session on 13/01/2023 At the end of the last session of the week, Robusta coffee prices on ICE Europe – London continued to increase. Futures for delivery in March increased by 35 USD […]
Robusta coffee term 03/2023 (LRCH23) continued its upward momentum, increasing by 35 USD (+1.86%), closing price at 1,916 USD/ton. Market overview The DXY index ended the weekend with a slight gain of 0.02% to 102.22 after the previous session fell to the lowest level since June 6, 2022 as the release of US inflation data […]