The Latest Breaking News from Ice

Coffee Posts Moderate Gains as Dollar Weakness Spurs Short Covering

March arabica coffee (KCH24 ) this morning is up +2.35 (+1.34%), and Jan ICE robusta coffee (RMF24 ) is up +27 (+1.05%). Coffee prices this morning are moderately higher as a weaker dollar spurred some short-covering in coffee futures. Coffee prices have been under pressure the last couple of sessions...

Barchart · Dec 7, 2023

World RX to admit ICE cars with sustainable fuels in 2024 alongside EVs

It was announced following the latest meeting of the FIA's World Motor Sport Council in Baku that ICE cars would be eligible to contest the pinnacle of rallycross for the first time since 2021, on equal terms with EVs, in what the series has billed as a Battle of Technologies.

Autosport · Dec 7, 2023

Rental Company Sixt Phases Out Tesla EVs From Fleet

Rental car company Sixt cuts Tesla EVs from its fleet, citing repair costs and reduced residual value.

InsideEVs · Dec 6, 2023

Coffee Prices Close Higher on Global Coffee Production Concerns

March arabica coffee (KCH24) on Tuesday closed up +4.35 (+2.42%), and Jan ICE robusta coffee (RMF24) closed up +39 (+1.53%). Coffee prices Tuesday finished moderately higher. Concern that dry conditions in Brazil will lead to smaller coffee yields is supporting prices. Somar Meteorologia reported Monday that Brazil's Minas Gerais region...

Barchart · Dec 5, 2023

Cocoa Prices Weighed Down by Dollar Strength

March ICE NY cocoa (CCH24 ) on Tuesday closed -65 (-1.56%), and Dec ICE London cocoa #7 (CAZ23 ) closed -44 (-1.26%). Cocoa prices Tuesday closed lower for a third session, with NY cocoa posting a 1-week low and London cocoa posting a 3-1/2 week low. Tuesday's rally in the...

Barchart · Dec 5, 2023

Coffee Prices Move Higher on Concern About Global Coffee Production

March arabica coffee (KCH24 ) this morning is up +3.80 (+2.12%), and Jan ICE robusta coffee (RMF24 ) is up +45 (+1.77%). Coffee prices this morning are moderately higher. Concern that dry conditions in Brazil will lead to smaller coffee yields is supporting prices today. Somar Meteorologia reported Monday that...

Barchart · Dec 5, 2023

Cocoa Prices Slip as Dollar Strength Spurs Long Liquidation

March ICE NY cocoa (CCH24 ) on Monday closed -30 (-0.71%), and Dec ICE London cocoa #7 (CAZ23 ) closed -16 (-0.46%). Cocoa prices Monday posted moderate losses for a second session as prices consolidated below last week's 46-year high. Monday's rally in the dollar index to a 1-week high...

Barchart · Dec 4, 2023

Coffee Prices Fall as Supply Concerns Ease

March arabica coffee (KCH24 ) on Monday closed down -4.95 (-2.69%), and Jan ICE robusta coffee (RMF24 ) closed down -26 (-1.01%). Coffee prices Monday settled sharply lower on signs of bigger supplies. Brazil's Trade Ministry reported late last Friday that Brazil's Nov coffee exports (not roasted) rose +8.5% y/y...

Barchart · Dec 4, 2023

Coffee Prices Move Lower on an Increase in Supplies

March arabica coffee (KCH24 ) this morning is down -5.40 (-2.93%), and Jan ICE robusta coffee (RMF24 ) is down -29 (-1.13%). Coffee prices this morning are moderately lower on signs of bigger supplies. Brazil's Trade Ministry reported late last Friday that Brazil's Nov coffee exports (not roasted) rose +8.5%...

Barchart · Dec 4, 2023

German travel chaos blamed on lack of investment in railways

Travellers advised to cancel journeys as heavy snow brings much of country’s rail network to a halt

The Guardian - UK · Dec 4, 2023