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The Latest Breaking News from Ice

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

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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...

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

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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...

Barchart

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.

InsideEVs

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...

Barchart

Coffee Prices Consolidate Recent Rally

July arabica coffee (KCN23 ) on Friday closed down -2.25 (-1.20%), and July ICE robusta coffee (RMN23 ) closed up +4 (+0.17%). Coffee prices Friday settled mixed, with arabica falling to a 2-1/2 week low. Coffee prices consolidated their recent sharp rally seen over the past five weeks. Coffee was...

Barchart

Coffee Prices Under Pressure from Demand Concerns

July arabica coffee (KCN23 ) this morning is down -1.95 (-1.04%), and July ICE robusta coffee (RMN23 ) closed down -11 (-0.46%). Coffee prices this morning are moderately lower, with arabica falling to a 2-1/2 week low. Coffee prices are lower on concern that a slowdown in the global economy...

Barchart

Lawsuit: California prisons target 'foreign-born' inmates

A lawsuit filed in state court alleges California's corrections agency routinely refers inmates who appear to be “foreign-born” to federal immigration authorities even if they are U.S. citizens

The Independent UK

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Coffee Prices Close Moderately Lower on Demand Concerns

July arabica coffee (KCN23 ) on Thursday closed down -3.40 (-1.77%), and July ICE robusta coffee (RMN23 ) closed down -8 (-0.33%). Coffee prices Thursday closed moderately lower. Concerns that a slowdown in the U.S. economy will curb coffee demand undercut prices after Thursday's economic news showed that the U.S....

Barchart

Cocoa Prices Fall Back on Increased ICE Inventories

July ICE NY cocoa (CCN23 ) on Thursday closed down -26 (-0.82%), and May ICE London cocoa #7 (CAK23 ) closed down -9 (-0.40%). Cocoa prices Thursday closed moderately lower. A negative factor for cocoa is an increase in current inventories after ICE-monitored cocoa inventories held in U.S. port warehouses...

Barchart

Coffee Prices Slip on Demand Concerns

July arabica coffee (KCN23 ) this morning is down -3.30 (-1.72%), and July ICE robusta coffee (RMN23 ) is down -10 (-0.41%). Coffee prices this morning are moderately lower. Concerns that a slowdown in the U.S. economy will curb coffee demand are weighing on prices after today's economic news showed...

Barchart

Cocoa- A New Multi-Year High in the Soft Commodity

Over the past months, cotton, sugar, coffee, and frozen concentrated orange juice futures rose to the highest price in years, with FCOJ reaching a new record peak. Meanwhile, cocoa futures were the latest soft commodity to join the bullish party, moving above $3,000 per ton to the highest price since…

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Barchart

NY Cocoa Higher on Dollar Weakness

May ICE NY cocoa (CCK23 ) on Wednesday closed up +27 (+0.86%), and May ICE London cocoa #7 (CAK23 ) closed down -1 (-0.04%). Cocoa prices Wednesday settled mixed, with London cocoa falling to a 1-week low. A decline in the dollar index (DXY00) Wednesday to a 1-1/2 week low...

Barchart

Arabica Coffee Settles Higher as Dollar Falls

July arabica coffee (KCN23 ) on Wednesday closed up +3.20 (+1.70%), and July ICE robusta coffee (RMN23 ) closed down -6 (-0.25%). Coffee prices Wednesday settled mixed. A fall in the dollar index Wednesday to a 1-1/2 week low supported coffee prices. However, robusta fell back from a 12-year high...

The Independent UK

Immigrants waiting 10 years in US just to get a court date

Some asylum-seekers who crossed the border from Mexico are waiting 10 years just for a court date

Barchart

Arabica Coffee Rallies on Weaker Dollar

July arabica coffee (KCN23 ) this morning is up +3.55 (+1.88%), and July ICE robusta coffee (RMN23 ) is unchanged. Coffee prices today are seeing support, with arabica coffee up +1.88% and robusta posting a 12-year high before falling back. A fall in the dollar index today to a 1-1/2...

Barchart

Dollar Strength Spurs Long Liquidation in Cocoa Futures

May ICE NY cocoa (CCK23 ) on Tuesday closed down -54 (-1.69%), and May ICE London cocoa #7 (CAK23 ) closed down -26 (-1.15%). Cocoa prices Tuesday posted moderate losses, with London cocoa falling to a 1-week low. A stronger dollar Tuesday sparked long liquidation pressure in cocoa futures. Also,...

Barchart

Coffee Prices Close Moderately Lower on Economic Concerns

July arabica coffee (KCN23 ) on Tuesday closed down -5.05 (-2.61%), and July ICE robusta coffee (RMN23 ) closed down -25 (-1.02%). Coffee prices Tuesday closed moderately lower, with arabica falling to a 1-1/2 week low. A stronger dollar Tuesday weighed on most commodity prices, including coffee. Also, concern about...

Barchart

Coffee Prices Fall Back on Economic Concerns

July arabica coffee (KCN23 ) this morning is down -5.65 (-2.92%), and July ICE robusta coffee (RMN23 ) is down -18 (-0.74%). Coffee prices this morning are moderately lower, with arabica falling to a 1-1/2 week low. A stronger dollar today is weighing on most commodity prices, including coffee. Also,...

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