NEW YORK/ LONDON, June 5- ICE sugar futures were steady on Wednesday above the previous session's three-year low while ICE arabica coffee edged toward last week's more than three-year low, both tracking the volatile Brazilian real and weighed by ample supplies in Brazil.
NEW YORK-- An analyst for Janney Montgomery Scott said Wednesday that Starbucks Corp.' s stock remains undervalued because the company is likely to benefit from lower coffee costs for the next few years.
NEW YORK/ LONDON, May 30- Arabica coffee futures on ICE remained in their downtrend on Thursday, falling to the lowest level in more than three years on chart-based selling while Liffe robusta tumbled for the sixth straight day to a 5-1/ 2- month low.
LONDON, May 30- Arabica coffee futures on ICE hit a more than three-year low on Thursday, as pressure from a bumper harvest in top grower Brazil combined with stocks from the previous crop, weighed on prices. Arabica futures have been under pressure from investor selling as wet weather in Brazil is expected to aid a record off-year harvest from the top producer.
LONDON, May 30- Arabica coffee futures on ICE held above a three-year low on Thursday, as harvest pressure in top grower Brazil capped upside potential. Arabica futures have been under pressure from investor selling as wet weather in Brazil is expected to aid a record off-year harvest from the top producer.
*Rain in Brazil slows sugar harvest. LONDON, May 28- Arabica coffee futures eased to a three-year low on Tuesday as rain in Brazil was expected to aid crops ahead of an anticipated bumper harvest, while the wet weather delayed Brazil's sugar cane harvest, helping underpin sugar prices.
*Cane crush in Brazil gathers pace. *Traders expect huge off-year arabicas crop in Brazil. NEW YORK/ LONDON, May 24- Arabica coffee futures on ICE extended losses to the lowest in more than three years on Friday, as computer-based traders continued to sell, while raw sugar inched higher following the previous session's turnaround up from the lowest since 2010..
*Cane crush in Brazil gathers pace. *Traders expect huge off-year arabicas crop in Brazil. LONDON, May 24- Arabica coffee futures touched new multi-year lows on Friday, and raw sugar steadied near a low the previous session, both under pressure from big harvests in top producer Brazil.
NEW YORK/ LONDON, May 22- ICE arabica coffee futures tumbled to the lowest level in more than three years on Wednesday, as a speculator selloff extended recent losses seen on ample supplies and a favorable crop outlook in top producer Brazil, dealers said.
NEW YORK/ LONDON, May 22- ICE arabica coffee futures tumbled to the lowest level in three years on Wednesday, as speculator selling extended recent losses seen on ample supplies and a favorable crop outlook in top producer Brazil, dealers said.
LONDON, May 22- Arabica coffee futures on ICE fell to a three-year low on Wednesday as the market extended recent losses linked to ample supplies and a favourable crop outlook in top producer Brazil.
LONDON, May 22- Arabica coffee futures on ICE set contract lows on Wednesday as the market extended recent losses linked to ample supplies and a favourable outlook for the crop in top producer Brazil. July arabica coffee on ICE stood 0.55 cent or 0.4 percent weaker at $1.3215 per lb at 1111 GMT after setting a contract low of $1.3205.
*Brazil sugar harvest off to good start. LONDON, May 20- Raw sugar futures on ICE fell to a near-three-year low on Monday, as strong cane crushing in top producer Brazil kept the market under pressure. "Everybody is waiting for Brazil to be in full swing, as they think the price will be lower once Brazil's crop is coming in, in large quantities," said a London- based broker.
*Coffee downside limited during Brazil frost season. LONDON, May 17- ICE raw sugar edged higher on Friday with the market finally finding support after losing ground for five consecutive sessions although the rapid pace of the cane harvest in top exporter Brazil kept the market on the defensive.
*Coffee downside limited during Brazil frost season. LONDON, May 17- ICE raw sugar rose on Friday with the market finally finding support after losing ground for five consecutive sessions although the rapid pace of the cane harvest in top exporter Brazil kept the market on the defensive.
*Coffee slides about 2.6 pct on better Brazil weather. NEW YORK/ LONDON, May 15- Benchmark raw sugar futures on ICE broke below 17 cents a lb on Wednesday to lows unseen in nearly three years and coffee slid about 2.6 percent in late New York trade, as both markets were pressured by improving weather in Brazil and a strong dollar.
NEW YORK/ LONDON, May 13- Cocoa futures on ICE rose on Monday, as both commercial and speculative participants bought the market after finding technical support, while arabica coffee climbed around the 200- day moving average in consolidative dealings.
*Arabica dealers eye concerns over cold weather in Brazil. LONDON, May 10- Arabica coffee futures on ICE weakened on Friday after reaching three-month highs in the prior session, while raw sugar was steady, with upside capped by harvesting in top grower Brazil.
The world's second-wealthiest man explains to CNBC why workers in Europe and other parts of the developed world are at the "best" part of their career after they reach their 60s.
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Tuesday, 18 Jun 2013 | 11:05 AM ETFBI Deputy Director Sean Joyce describes how NSA surveillance helped to detect and thwart a plot to bomb the NYSE.