Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Long Liquidation Pressures Coffee Prices

Ice Brazil USDA Vietnam arabica Cecafe the International Coffee Organization

March arabica coffee (KCH25) today is down -1.50 (-0.51%), and January ICE robusta coffee (RMF25) is down -182 (-3.76%).

Coffee prices today added to Monday's sharp losses, with arabica coffee falling to a 1-1/2 week low and robusta dropping to a 2-1/2 week low.   Long liquidation pressures are slamming coffee prices after J. Ganes Consulting said that keeping a large amount of capital tied into a position in coffee may no longer be justified after ICE raised its margins for holding positions in coffee futures last week.Losses in robusta coffee accelerated today after the Vietnam Coffee and Cocoa Association raised its 2024/25 Vietnam coffee production estimate to 28 million bags from an October estimate of 27 million bags.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
The 'World's Oldest' Bartender's Very Illegal Basement Bar
A recent profile of 103-year-old Irv Koch's basement bar highlights all the ways that modern zoning codes crush novel and fun third places.
Reason
Reason
Harry Potter and Cursed Child director pushed back on making play shorter: ‘I was dragged kicking and screaming’
Play, which originally opened in 2016 as two parts, has been condensed into one production
The Independent UK
The Independent UK
Smokers have a lower risk of Parkinson’s – we may have found out why
Smoking is one of the biggest causes of ill health and early death. Yet smokers seem to have a lower risk of developing Parkinson’s disease than non-smokers – by around half according to some studies.
The Conversation
The Conversation
NY Woman finds stolen Tamayo painting in trash; Sotheby’s sells it for $1.049 million
In 2003, Elizabeth Gibson found a brightly coloured painting in the rubbish on Manhattan’s Upper West Side. She later discovered it was Rufino Tamayo’s 1970 work “Tres Personajes”, stolen from a Houston couple in 1987. Sotheby’s planned to auction it for up to $1 million.
The Times of India
The Times of India
Jaden Newman Leaked Video Controversy: Viral Post Claims LaMelo Ball Paid Her $250K for One Encounter
A viral post claimed LaMelo Ball paid Jaden Newman $250,000 after seeing a private video, but no reliable evidence supports the alleged payment, encounter or quote.
International Business Times UK
International Business Times UK
His Wife Says Decades of Sleep Talking Nearly Went Quiet After Hypnosis Gave Her a One-Word Cue
A man's decades-long sleep talking faded after hypnosis gave his wife a librarian's "Shhhh" as a cue, a case report says. Here's what it shows.
Medical Daily
Medical Daily
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play