Coffee tumbles alongside cocoa, while Brent crude pulls back on bearish U.S. inventories data.
Cotton futures are seeing some profit taking off the recent drop, as contracts are up 147 to 268 points at midday, disregarding the thin May. A weaker US dollar is also helping, with midday losses of 288...
July NY world sugar #11 (SBN24 ) this morning is up +0.11 (+0.57%), and Aug London ICE white sugar #5 (SWQ24 ) is up +3.50 (+0.61%). Sugar prices this morning are moderately higher. Short covering emerged...
July ICE NY cocoa (CCN24 ) this morning is up +561 (+7.42%), and July ICE London cocoa #7 (CAN24) is up +348 (+5.31%). Cocoa prices this morning recovered from 6-week lows and are sharply higher. Gains...
July arabica coffee (KCN24 ) this morning is down -3.70 (-1.80%), and July ICE robusta coffee (RMN24 ) is down -66 (-1.79%). Coffee prices this morning extended this week's decline and posted 1-month lows....
Cotton prices are posting mixed trade to start the final trade session of the week, with July down 59 points and new crop steady to 6 cents higher. Futures continued to work lower as the recent drop in...
Cotton futures reverted to continued weakness as the recent drop in prices hasn’t seemed to attract much export business according to recent USDA data. Contracts were down 35 to 120 points on the day....
July ICE NY cocoa (CCN24) on Thursday closed down -721 (-8.70%), and July ICE London cocoa #7 (CAN24 ) closed down -695 (-9.59%). Cocoa prices plummeted to 6-week lows on Thursday as the downside correction...
July NY world sugar #11 (SBN24 ) on Thursday closed up +0.03 (+0.16%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +2.20 (+0.39%). Sugar prices recovered from early losses on Thursday and finished...
July arabica coffee (KCN24 ) on Thursday closed down -9.90 (-4.58%), and July ICE robusta coffee (RMN24 ) closed down -298 (-7.49%). Coffee prices Thursday sold off sharply to 3-week lows. A rebound in...