The Latest Breaking News from Ice

Dollar Weakness and El Nino Spark Fund Buying in Cocoa Futures

July ICE NY cocoa (CCN23 ) on Thursday closed up +46 (+1.48%), and July ICE London cocoa #7 (CAK23 ) closed up +23 (+0.96%). Cocoa prices Thursday extended this week's rally to 1-month nearest-futures highs. Thursday's decline in the dollar index (DXY00 ) to a 2-week low was bullish for...

Barchart · Jun 8, 2023

Coffee Prices Surge as an El Nino Weather Pattern Develops

July arabica coffee (KCN23 ) this morning is up +9.00 (+4.85%), and July ICE robusta coffee (RMN23 ) is up +83 (+3.10%). Coffee prices this morning are sharply higher, with arabica posting a 3-week nearest-futures high and robusta posting a 2-week high. Fund buying fueled a surge in coffee prices...

Barchart · Jun 8, 2023

Cocoa Consolidation

Cocoa prices continue to consolidate at over $3,000 per ton. The soft commodity is the latest to join the bullish party in a sector that has led the commodities asset class over the past year.

Barchart · Jun 8, 2023

Coffee Prices Settle Mixed Amid Dollar Strength

July arabica coffee (KCN23 ) on Tuesday closed down -0.50 (-0.27%), and July ICE robusta coffee (RMN23 ) closed up +7 (+0.27%). Coffee prices Tuesday settled mixed, with robusta climbing to a 2-week high. A stronger dollar Tuesday (DXY00 ) weighed on coffee prices. However, losses in arabica coffee were...

Barchart · Jun 6, 2023

Coffee Prices Mixed in Sideways Trade

July arabica coffee (KCN23 ) this morning is down -0.20 (-0.11%), and July ICE robusta coffee (RMN23 ) is up +2 (+0.08%). Coffee prices this morning are mixed, with robusta climbing to a 2-week high. A stronger dollar (DXY00 ) today is weighing on coffee prices. However, losses in arabica...

Barchart · Jun 6, 2023

Coffee Settles Higher on Brazilian Real Strength and Heavy Brazil Rain

July arabica coffee (KCN23 ) on Monday closed up +2.80 (+1.55%), and July ICE robusta coffee (RMN23 ) closed up +32 (+1.24%). Coffee prices Monday closed moderately higher. Strength in the Brazilian real (^USDBRL ) boosted coffee prices as the real on Monday rose to a 2-1/2 week high against...

Barchart · Jun 5, 2023

Cocoa Prices Firm on Quality Concerns of Ivory Coast Cocoa Crops

July ICE NY cocoa (CCN23 ) on Monday closed up +30 (+0.99%), and July ICE London cocoa #7 (CAK23 ) closed up +20 (+0.85%). Cocoa prices Monday closed higher, with NY cocoa posting a 2-week high. Cocoa has been trading sideways over the past two weeks as prices consolidate below...

Barchart · Jun 5, 2023

Coffee Pushes Higher on Strength in the Brazilian Real and Heavy Rain in Brazil

July arabica coffee (KCN23 ) this morning is up +2.00 (+1.11%), and July ICE robusta coffee (RMN23 ) is up +30 (+1.17%). Coffee prices this morning are moderately higher. Strength in the Brazil real (^USDBRL ) is boosting coffee prices as the real today rose to a 2-1/2 week high...

Barchart · Jun 5, 2023

FCOJ Futures Reach Higher Highs

Frozen concentrated orange juice is the least liquid soft commodity, but the price action has been the most bullish in 2023. After consistently rising to new all-time highs for decades, FCOJ put in another peak in 2023.

Barchart · Jun 5, 2023

Coffee Posts Moderate Losses as Costa Rican Coffee Exports Jump

July arabica coffee (KCN23 ) on Friday closed down -2.75 (-1.50%), and July ICE robusta coffee (RMN23 ) closed down -30 (-1.15%). Coffee prices Friday gave up an early advance and turned lower on signs of bigger supplies from Central America. The Costa Rican Coffee Institute reported that Costa Rican...

Barchart · Jun 2, 2023