The Latest Breaking News from Ice

Raise your hand if you saw this coming. After automakers and governments criticized the European Union for rushing the combustion engine's demise, some politicians are also against the ICE's 2035 ban. The European Parliament's largest political group, the European People's Party (EPP), is pressuring the higher-ups from Brussels to change their…

Cocoa futures rose to a new record high in 2024, and Arabica coffee futures reached the highest price since 1977 in November 2024. World sugar futures have been consolidating and could be a sleeper on the upside for 2025.

March ICE NY cocoa (CCH25 ) Tuesday closed up +476 (+4.72%), and March ICE London cocoa #7 (CAH25 ) closed up +308 (+3.80%). Cocoa prices settled sharply higher on Tuesday as they extended their six-week rally. Mar NY cocoa and Mar London cocoa posted fresh contract highs, while the nearest-futures...

March arabica coffee (KCH25 ) Tuesday closed up +4.05 (+1.23%), and January ICE robusta coffee (RMF25 ) closed up +22 (+0.42%). Coffee prices on Tuesday extended their sharp week-long rally, with Mar arabica posting a contract high and the Dec nearest-futures contract (Z24) posting a record high. Also, robusta coffee...