Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Stocks | Futures | Watchlist | More
or

European Softs Futures Prices

Sun, Jan 26th, 2020
[[ timeframe ]] futures price quotes as of Sun, Jan 26th, 2020.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.

Futures Market News and Commentary

Cotton Closes the Week in the Red

Cotton futures fell another 63 points on the last trade day of the week, which helped increase the weekly loss to 180 points. As of Tuesday, cotton spec traders were still, albeit less, net long. For the week ending 01/16 cotton bookings were up 32.12% with the USDA reporting 307,764 RBs of sales. The week’s sales were the highest since the week ending 11/7. In the same report, USDA listed exports at 282,590 RBs, a weekly reduction of 6.34% but an increase of 18.45% over the same week last year. MYTD cotton shipments are at 4.721m RBs, which is 16.57% more than last year at this time. The Cotlook A index completely regained the 180 points and is back up to 80.20 cents/lb for 01/23. The AWP for cotton is 61.29 cents/lb.

Mar 20 Cotton closed at 69.4, down 63 points,

May 20 Cotton closed at 70.2, down 55 points

Jul 20 Cotton closed at 71.12, down 47 points

Oct 20 Cotton closed at 70.39, up 60 points

---provided by Brugler Marketing & Management

Cocoa Prices Close Lower on Signs of Ample Global Supplies

Mar ICE NY cocoa (CCH20) on Friday closed down -38 (-1.37%), and Mar ICE London cocoa #7 (CAH20) closed down -23 (-1.17%).

Cocoa prices closed lower on Friday on signs of ample supplies after the International Cocoa Association (ICCO) said that results of its latest survey showed that global 2018/19 cocoa ending stocks have risen +1.4% y/y to 1.538 MMT.

Cocoa prices were already on the defensive on signs of increased cocoa production in Ghana after the Ghana Cocoa Board on Thursday reported that it purchased 569,781 MT of cocoa from farmers during Oct 1- Jan 2, up +8.4% y/y.

Another negative factor for cocoa is concern that high cocoa prices may be undercutting chocolate demand. Barry Callebaut, the world's largest cocoa-product maker, reported Wednesday that global chocolate volume growth was flat in the Sep-Nov period.

Cocoa prices have trended higher over the past month and NY cocoa posted a 20-1/2 month high Wednesday and London cocoa posted a 1-3/4 m... Read more

Coffee Prices Settle Lower as Fund Short-Covering Dries Up

Mar arabica coffee (KCH20) on Friday closed down -2.45 (-2.18%), and Mar ICE Robusta coffee (DFH0) closed down -48 (-3.51%).

March arabica coffee prices on Friday traded sharply lower but remained above Tuesday's 2-month low. Robusta coffee fell back from at a 3-week high as fund short-covering dried up.

Arabica coffee was under pressure Friday on weakness in the Brazilian real which fell -0.41% against the dollar Friday but remained modestly above Tuesday's 1-1/2 month low against the dollar. A weaker real encourages export selling by Brazil's coffee producers and is bearish for sugar prices.

Coffee prices have trended lower over the past 5 weeks with arabica coffee falling to a 2-month low Tuesday on the outlook for a rebound in Brazil coffee output. Conab, Brazil government's forecasting agency, said on Jan 16 that it sees Brazil 2020/21 coffee production rising to 57.2-62.0 mln bags, up as much as +25.8% from 49.3 mln bags in 2019/20 as the crop moves into t... Read more

Coffee Prices Settle Lower as Fund Short-Covering Dries Up

Mar arabica coffee (KCH20) on Friday closed down -2.45 (-2.18%), and Mar ICE Robusta coffee (DFH0) closed down -48 (-3.51%).

March arabica coffee prices on Friday traded sharply lower but remained above Tuesday's 2-month low. Robusta coffee fell back from at a 3-week high as fund short-covering dried up.

Arabica coffee was under pressure Friday on weakness in the Brazilian real which fell -0.41% against the dollar Friday but remained modestly above Tuesday's 1-1/2 month low against the dollar. A weaker real encourages export selling by Brazil's coffee producers and is bearish for sugar prices.

Coffee prices have trended lower over the past 5 weeks with arabica coffee falling to a 2-month low Tuesday on the outlook for a rebound in Brazil coffee output. Conab, Brazil government's forecasting agency, said on Jan 16 that it sees Brazil 2020/21 coffee production rising to 57.2-62.0 mln bags, up as much as +25.8% from 49.3 mln bags in 2019/20 as the crop moves into t... Read more

Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar