MILAN – Coffee futures prices tumbled to new historic lows on Tuesday pressured by broader equity market weakness, a softer Brazilian real and lingering...
MILAN – Arabica coffee futures closed yesterday at a 13-1/4 year nearest-futures low, while Robusta coffee futures were at a 3-year nearest-futures low. May...
Arabica futures prices closed higher for the third consecutive session supported by strengthening of the Brazilian currency, updates from India’s growing regions and short...
MILAN – New York coffee futures fell 4.5 percent to the lowest in nearly 16 months on Thursday, after a move below key levels triggered chart-based selling and narrowed the premium over Robusta to its smallest levels since at least 2008. The crude oil selloff is responsible for dragging down soft commodities such as cocoa and sugar.
Chongqing, a municipality in southwestern China, might have seemed like an unlikely place for a coffee trade center before the city announced the establishment...