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The Latest Breaking News from Ice

NY Coffee Sees Support as ICE Arabica Inventories Fall

July arabica coffee (KCN23 ) on Tuesday closed up +2.55 (+1.39%), and July ICE robusta coffee (RMN23 ) closed down -6 (-0.24%). Coffee prices on Tuesday settled mixed. NY coffee closed higher as ICE-monitored arabica coffee inventories have fallen steadily over the past three months and posted a 5-month low...

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Coffee Prices Climb on Tighter Global Supplies

July arabica coffee (KCN23 ) this morning is up +2.20 (+1.20%), and July ICE robusta coffee (RMN23 ) is up +11 (+0.45%). Coffee prices this morning are moderately higher, with robusta climbing to a 1-1/2 week high. Tighter global coffee supplies are supportive of prices. The International Coffee Organization (ICO)...

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Cocoa Prices Push Higher on Smaller Ivory Coast Cocoa Supplies

July ICE NY cocoa (CCN23 ) on Monday closed up +21 (+0.72%), and July ICE London cocoa #7 (CAK23 ) did not trade with markets closed in the UK for the king's coronation. Cocoa prices Monday closed moderately higher. Smaller cocoa supplies from the Ivory Coast are bullish for prices...

Barchart

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Arabica Coffee Finishes Moderately Lower on Beneficial Harvest Weather in Brazil

July arabica coffee (KCN23 ) on Monday closed down -4.10 (-2.18%), and July ICE robusta coffee (RMN23 ) did not trade with markets in the UK closed Monday for the king's coronation. Arabica coffee was under pressure Monday as drier conditions in Brazil's coffee fields should accelerate the pace of...

Barchart

Arabica Falls as Drier Conditions in Brazil Benefit the Coffee Harvest

July arabica coffee (KCN23 ) this morning is down -4.00 (-2.13%), and July ICE robusta coffee (RMN23 ) is not trading with markets in the UK closed today for the king's coronation. Arabica coffee is under pressure today as drier conditions in Brazil's coffee fields should accelerate the country's coffee...

Barchart

Coffee Posts Moderate Gains as Colombian Coffee Exports Fall

July arabica coffee (KCN23 ) on Friday closed up +5.10 (+2.79%), and July ICE robusta coffee (RMN23 ) closed up +59 (+2.45%). Coffee prices Friday rallied to 1-week highs. Reduced coffee supplies from Colombia are bullish for prices after the Colombia Coffee Growers Federation reported Colombian Apr coffee exports fell...

Barchart

Cocoa Prices Settle Higher on a Broad-Based Commodity Rally

July ICE NY cocoa (CCN23 ) on Friday closed up +29 (+1.00%), and July ICE London cocoa #7 (CAK23 ) closed up +16 (+0.73%). Cocoa prices Friday posted moderate gains. Friday's stronger-than-expected U.S. Apr payrolls report eased concerns about a recession and sparked a broad-based rally in commodities. However, gains...

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Coffee Prices Rally on Reduced Coffee Exports from Colombia

July arabica coffee (KCN23 ) this morning is up +4.80 (+2.62%), and July ICE robusta coffee (RMN23 ) is up +40 (+1.66%). Coffee prices this morning climbed to 1-week highs and are moderately higher. Reduced coffee supplies from Colombia are bullish for prices after the Colombia Coffee Growers Federation reported...

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Colombia cancels flights returning migrants from US, cites mistreatment

Colombia's migration agency has temporarily suspended a program to return Colombian nationals found by immigration officers at the U.S. border with Mexico, it said on Thursday, citing cruel and degrading treatment and last-minute flight cancellations.

Reuters

Coffee Prices Close Lower on Economic Concerns

July arabica coffee (KCN23 ) on Thursday closed down -2.55 (-1.37%), and July ICE robusta coffee (RMN23 ) closed down -12 (-0.50%). Coffee prices Thursday fell moderately, with arabica posting a 3-week low. Coffee prices are lower on concern that the ongoing U.S. banking turmoil will lead to slower economic...

Barchart

Cocoa Prices Climb on Heavy Rain in West Africa

July ICE NY cocoa (CCN23 ) on Thursday closed up +34 (+1.18%), and July ICE London cocoa #7 (CAK23 ) closed up +21 (+0.96%). Cocoa prices Thursday closed moderately higher. Short-covering emerged in cocoa futures on reports of heavy rain in West Africa that have delayed the mid-crop harvest and...

Barchart

Economic Concerns Undercut Coffee Prices

July arabica coffee (KCN23 ) this morning is down -2.25 (-1.21%), and July ICE robusta coffee (RMN23 ) is down -12 (-0.50%). Coffee prices this morning are moderately lower, with arabica falling to a 3-week low. Coffee prices are lower on concern that the ongoing U.S. banking turmoil will lead...

Barchart

How Do Electric Car Owners Save Money Compared To Gas Car Drivers?

When looking at EVs, most prospective buyers see higher sticker prices. However, EV buyers could stand to save thousands in the long run, but there are caveats.

InsideEVs

Arabica Coffee Closes Moderately Lower on Demand Concerns

July arabica coffee (KCN23 ) on Wednesday closed down -1.25 (-0.67%), and July ICE robusta coffee (RMN23 ) was unchanged. Arabica coffee Wednesday closed moderately lower and posted a 3-week low. Concerns that the ongoing U.S. banking turmoil will lead to slower economic growth that curbs coffee demand are weighing...

Barchart

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Cocoa Prices Under Pressure as ICE Cocoa Inventories Climb

July ICE NY cocoa (CCN23 ) on Wednesday closed down -21 (-0.73%), and July ICE London cocoa #7 (CAK23 ) closed down -23 (-1.04%). Cocoa prices Wednesday added to Tuesday's losses and posted 3-week lows. An increase in cocoa inventories is negative for prices after ICE-monitored cocoa inventories held in...

Barchart

Coffee Prices Slip on Demand Concerns

July arabica coffee (KCN23 ) this morning is down -0.80 (-0.43%), and July ICE robusta coffee (RMN23 ) is unchanged. Coffee prices this morning are moderately lower, with arabica falling to a 3-week low. Concerns that the ongoing U.S. banking turmoil will lead to slower economic growth that curbs coffee...

Barchart

Cocoa Prices Fall on an Increase in ICE Cocoa Inventories

July ICE NY cocoa (CCN23 ) on Tuesday closed down -41 (-1.40%), and July ICE London cocoa #7 (CAK23 ) closed down -11 (-0.50%). Cocoa prices Tuesday fell moderately, with NY cocoa posting a 2-1/2 week low and London cocoa posting a 2-week low. An increase in cocoa inventories is...

Barchart

Coffee Prices Rally on Weaker Dollar

July arabica coffee (KCN23 ) on Tuesday closed up +1.15 (+0.62%), and July ICE robusta coffee (RMN23 ) closed up +15 (+0.62%). Coffee prices Tuesday closed moderately higher due to a weaker dollar. Arabica coffee also rose on tighter inventories after ICE monitored arabica coffee inventories Tuesday fell to a...

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Barchart

Coffee Prices Climb on a Weaker Dollar

July arabica coffee (KCN23 ) this morning is up +1.50 (+1.81%), and July ICE robusta coffee (RMN23 ) is up +11 (+0.46%). Coffee prices this morning are moderately higher due to a weaker dollar. Arabica coffee also has support from tighter inventories after ICE monitored arabica coffee inventories Monday fell...

Barchart

Dollar Strength Weighs on Cocoa Prices

July ICE NY cocoa (CCN23 ) on Monday closed down -5 (-0.17%), and July ICE London cocoa #7 (CAK23 ) did not trade with markets in the UK closed for the May Day holiday. NY cocoa on Monday posted moderate losses on the rally in the dollar index to a...

Barchart

Arabica Coffee Closes Lower on Dollar Strength

July arabica coffee (KCN23 ) on Monday closed down -0.35 (-0.19%), and July ICE robusta coffee did not trade, with markets in the UK closed for the May Day holiday. Arabica coffee prices Monday fell to a 2-1/2 week low and closed mildly lower. A rally in the dollar index...

Barchart

Arabica Coffee Falls Back on Dollar Strength

July arabica coffee (KCN23 ) today is down -1.90 (-1.02%), and July ICE robusta coffee is not trading today, with markets in the UK closed for the May Day holiday. Arabica coffee prices this morning are moderately lower and posted a 2-1/2 week low. A stronger dollar today has weighed...

InsideEVs

Tesla Leads Italy's EV Market Rebound In March 2023

Italy’s EV market is finally giving some positive signs, after months of subdued numbers. Tesla's recent and repeated price cuts seem to have paid off.

Barchart

Coffee Futures- The Bullish Trend Returns

In February 2022, nearby ICE coffee futures reached the highest price since 2011 when they traded at a $2.6045 per pound high. The rally ran out of upside steam, sending Arabica coffee bean prices to a $1.4205 low eleven months later, in January 2023. Coffee futures found a bottom in…

Barchart

Cocoa Prices Settle Mixed as British Pound Strength Weighs on London Cocoa

July ICE NY cocoa (CCN23 ) on Friday closed up +13 (+0.44%), and May ICE London cocoa #7 (CAK23 ) closed down -13 (-0.59%). Cocoa prices Friday settled mixed, with London cocoa falling to a 1-1/2 week low. A rally in the British pound (^GBPUSD) to a 10-1/2 month high...

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