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Abundant Cocoa Supplies Weigh on Prices

6 days 20 hours ago
December ICE NY cocoa (CCZ26 ) closed down -21 (-0.39%) on Tuesday, and ICE London cocoa #7 (CAZ26 ) closed down -26 (-0.63%). Cocoa prices extended their 2-week slide on Tuesday and posted 5-week lows as rising ICE cocoa inventories weigh on prices. ICE cocoa inventories have steadily increased since...

Abundant Cocoa Supplies Weigh on Prices

6 days 20 hours ago
December ICE NY cocoa (CCZ26 ) closed down -21 (-0.39%) on Tuesday, and ICE London cocoa #7 (CAZ26 ) closed down -26 (-0.63%). Cocoa prices extended their 2-week slide on Tuesday and posted 5-week lows as rising ICE cocoa inventories weigh on prices. ICE cocoa inventories have steadily increased since...

Coffee Prices Retreat on Brazilian Real Strength

6 days 20 hours ago
December arabica coffee (KCZ26 ) closed down -8.15 (-2.79) on Tuesday, and January ICE robusta coffee (RMF27 ) closed down -31 (-0.96%). Coffee prices retreated on Tuesday amid weakness in the Brazilian real. The real (^USDBRL ) fell -1% on Tuesday and is just above last Monday’s 10.25-month low against...

Stronger Indian Sugar Output Hammers Prices

6 days 20 hours ago
March NY world sugar #11 (SBH27 ) is down -0.67 (-3.52%) today, and December London ICE white sugar #5 (SWZ26 ) is down -8.90 (-1.75%). Sugar prices are slumping today, with NY sugar falling to a 5-week low and London sugar sliding to a 3-month low. Strong Indian sugar production...

Coffee Prices Retreat on Brazilian Real Strength

6 days 20 hours ago
December arabica coffee (KCZ26 ) closed down -8.15 (-2.79) on Tuesday, and January ICE robusta coffee (RMF27 ) closed down -31 (-0.96%). Coffee prices retreated on Tuesday amid weakness in the Brazilian real. The real (^USDBRL ) fell -1% on Tuesday and is just above last Monday’s 10.25-month low against...