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By Isis Almeida, Bloomberg |
April 23, 2013
Goldman Sachs Group Inc. lowered its price forecasts for arabica coffee futures in New York, citing an improving production outlook in leading grower Brazil.
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By Isis Almeida, Bloomberg |
February 12, 2013
Brazilian ethanol prices trading above raw sugar futures for the first time in almost two years are spurring speculation that millers will favor making the biofuel over the sweetener in the season starting in April.
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By Isis Almeida, Bloomberg |
January 21, 2013
Cocoa swung between gains and losses in London as investors weighed improving prospects for the smaller of two annual crops in Ivory Coast, the world’s largest producer, and declining exchange stockpiles.
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By Isis Almeida, Bloomberg |
November 13, 2012
Cocoa grinders are increasing output by the most in two years to meet record demand for chocolate, at a time when declining West African supply means the first shortages of beans in three seasons.
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By Isis Almeida, Bloomberg |
October 25, 2012
Sugar climbed for a second day in New York on speculation lower prices will start to attract demand just as competition for raw material sugar cane in top grower Brazil may increase next year. Arabica coffee rose.
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By Isis Almeida, Bloomberg |
October 5, 2012
Arabica coffee may fall for a third day in New York, the longest losing streak in six weeks, after trees in top producer Brazil started to flower before the next crop and rainfall is forecast later this month. Sugar fell.
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By Isis Almeida, Bloomberg |
September 14, 2012
Sugar traders are the most bullish in two months on speculation rain may again disrupt the harvest in Brazil, the world’s largest producer, just as output and exports from second-ranking India decline.
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By Isis Almeida, Bloomberg |
August 6, 2012
Buyers of raw sugar from Brazil, the world’s largest producer, are paying a smaller premium for the sweetener as demand remains slow and harvesting in the main growing region accelerated.
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By Isis Almeida, Bloomberg |
July 12, 2012
Cocoa prices are likely to be “relatively weak” in the current half as slowing economies dent demand for the chocolate ingredient, especially in Europe.
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By Isis Almeida, Bloomberg |
July 11, 2012
A 13 percent rally in raw sugar futures in New York over the past month is likely to dent demand as buyers opt to wait for lower prices before stepping up purchases.
