Coffee up for 17th day, sugar returns higherArabica coffee futures on ICE rose on Wednesday, closing at a 3-1/2 month high on Wednesday, finishing August with their biggest monthly gain in 2011 after rising for 17 days straight, on tight supplies and broad-based gains in commodities. More… |
Global coffee supply up, but prices resilientVietnam raised coffee export forecasts for 2011 by 4 per cent and exports from Indonesia nearly doubled last month, but the increase may have little impact on global prices that are underpinned by concerns about scarce good-quality beans. More… |
Sugar ends 2010 up 19pc, arabica soars 77pcUS sugar futures finished their most volatile year in three decades at a near 30-year high on Friday, while coffee clocked its biggest rise since 1994 in a fund-fueled rally. Cocoa broke a four-year rising streak with a 7.7 per cent declin More… |