Arabica Coffee broke through the bottom of the upward channel in mid-October, challenged the resistance and has drifted since. Given the high carry yield, lowest prices seem the most likely.
Cottonfutures faced outside pressure on Wednesday, as contracts were down 5 to 26 points. The outside markets were pressure factors, with crude oil steady down 9 cents/barrel and the US dollar index rallying...
December ICE NY cocoa (CCZ24 ) Wednesday closed down -327 (-4.51%), and December ICE London cocoa #7 (CAZ24 ) closed down -176 (-3.10%). Cocoa prices fell sharply on Wednesday and posted 1-week lows. ...
March NY world sugar #11 (SBH25 ) Wednesday closed up +0.13 (+0.59%), and December London ICE white sugar #5 (SWZ24 ) closed down -0.10 (-0.02%). Sugar prices Wednesday recovered from early losses and...
December arabica coffee (KCZ24 ) Wednesday closed down -1.40 (-0.56%), and January ICE robusta coffee (RMF25 ) closed down -65 (-1.49%). Coffee prices on Wednesday posted moderate losses as the rally in...
Cotton futures are showing 6 to 12 point losses so far on Wednesday. The outside markets are pressure factors, with crude oil steady at midday and and the US dollar index rallying 1,711 points The Seam...
March NY world sugar #11 (SBH25 ) today is up +0.06 (+0.27%), and December London ICE white sugar #5 (SWZ24 ) is up +0.10 (+0.02%). Sugar prices today recovered from early losses and are slightly higher...
December ICE NY cocoa (CCZ24 ) today is down -321 (-4.43%), and December ICE London cocoa #7 (CAZ24 ) is down -176 (-3.10%). Cocoa prices today are sharply lower and posted 1-week lows. Today's rally...
December arabica coffee (KCZ24 ) today is down -1.80 (-0.72%), and January ICE robusta coffee (RMF25 ) is down -64 (-1.46%). Coffee prices today are moderately lower as the rally in the dollar index to...
Cotton prices are showing 39 to 61 point losses on Wednesday morning, the Dollar is stronger and crude oil is weaker. Futures saw marginal movement on Tuesday, with contracts sticking close to unchanged...