Agriculture Cocoa Commodity Market Trades, Charts

  • NEW YORK/ LONDON, Dec 7- Cocoa futures on ICE surged on Friday, with New York cocoa having its biggest single-day jump since April as news of exporter defaults in top grower Ivory Coast helped push prices above key technical levels, dealers said. *The price movement on Friday was a "knee jerk reaction to the defaults in Ivory Coast," one U.S. broker said.

  • NEW YORK/ LONDON, Dec 4- Arabica and robusta coffee futures on ICE dropped to two-month lows on Tuesday on expectations of plentiful global supplies, while sugar and cocoa also fell. *March arabica coffee settled down 0.9 cent, or 0.8 percent, at $1.069 per lb after setting a two-month low of $1.06. *March robusta coffee settled down $10, or 0.6 percent, at $1,556 per...

  • NEW YORK/ LONDON, Nov 9- Arabica coffee futures on ICE fell on Friday, ending the week more than 5 percent lower, pressured by position rolling and a firmer U.S. dollar, while raw sugar lost 5.3 percent on the week. *March arabica coffee settled down 2.7 cents, or 2.25 percent, at $1.1750 per lb. "We are finding support right now around the $1.1750 area," said Boyd Cruel, senior...

  • Nov 1- Ivorian banks are refusing to finance purchases of cocoa beans by some local exporters until they are guaranteed repayment of 160 billion CFA francs of debt from failed export giant SAF-Cacao, banking and industry sources told Reuters. Exporters unable to provide strong guarantees to banks are being turned away, raising the risk of defaults and the...

  • ABIDJAN, Oct 31- Ivory Coast is on track for a record cocoa harvest in the 2018/ 19 season of 2.2 million tonnes, up from about 2 million tonnes last season, due to favourable weather and new plantations, farmers, exporters and middlemen said on Wednesday. Wet weather kind of works against the beans in the drying process and slows it down, "said Stephen Mass, a commodities...

  • NEW YORK/ LONDON, Oct 26- Sugar and coffee futures fell on Friday as market participants took profits ahead of a runoff presidential election in top-grower Brazil on Sunday, while cocoa prices rose. *March raw sugar settled down 0.13 cent, or 0.9 percent, at 13.84 cents per lb after hitting a 9-1/ 2- month peak Wednesday. *December white sugar settled down $8.50, or 2.2...

  • NEW YORK/ LONDON, Oct 22- Raw sugar futures on ICE slipped on Monday on technical weakness following an earlier rally, while cocoa gained on short-covering, dealers said. *March raw sugar settled down 0.07 cent, or 0.5 percent, at 13.82 cents per lb. *Speculators halved their bearish stance in raw sugar to just 48,046 lots on ICE Futures U.S. in the week to Oct. 16, U.S....

  • NEW YORK/ LONDON, Oct 19- Raw sugar futures settled higher on Friday, supported by the strong currency in top-grower Brazil, while cocoa prices rose on positive grind data from North America and Asia. *March raw sugar settled up 0.02 cent, or 0.14 percent, at 13.89 cents per lb, more than 6 percent higher on the week, close to the previous session's eight-month high of...

  • NEW YORK/ LONDON, Oct 12- Raw sugar futures on ICE rose on Friday to a fresh seven-month high while arabica coffee had its biggest weekly rise in more than a year, amid short covering and a broader bounce in equities, dealers said. *March raw sugar settled up 0.15 cent, or 1.2 percent, at 13.07 cents per lb, after earlier touching 13.28, its highest since early March.

  • NEW YORK/ LONDON, Oct 3- Raw sugar and arabica coffee futures rose on Wednesday buoyed by the strength of the currency of Brazil, the top producer of both commodities, while cocoa plunged 3 percent. The currency has rallied this week on stronger polling for far-right Brazil presidential candidate Jair Bolsonaro. Cane is used for both ethanol and sugar production...

  • NEW YORK/ LONDON, Oct 1- Raw sugar futures rose more than 5 percent on Monday as new buyers entered the market and the most recent U.S.- Mexico- Canada trade deal boosted agricultural commodity markets, while New York cocoa plunged to its lowest in nearly nine months. * "A combination of a bullish day for agriculture markets in general because of NAFTA is helping," said...

  • NEW YORK/ LONDON, Sept 26- Raw sugar futures on ICE tumbled more than 4 percent on Wednesday to their lowest since June 2008 after India approved new incentives for its struggling sugar sector, while cocoa prices slipped to their lowest in a month. *Futures dropped on news that India, a top global producer, approved higher cane payments for farmers and transport...

  • NEW YORK/ LONDON, Sept 24- Raw sugar futures fell more than 4 percent to approach a one-month low on Monday, pressured by a weaker Brazilian currency and worries about possible exports from India, while New York cocoa rallied from a one-month low hit in the previous session. *October raw sugar settled down 0.46 cent, or 4.2 percent, at 10.38 cents per lb, after falling to...

  • They also increased their net short position in cocoa and trimmed a bullish stance in cotton futures and options, data from the Commodity Futures Trading Commission showed. The increase came as arabica futures prices earlier this week plunged below $1 per lb to their lowest level since December 2005. In raw sugar, speculators sharply reduced their bearish...

  • NEW YORK/ LONDON, Sept 21- New York cocoa futures on ICE skidded on Friday to their lowest in a month ahead of the start of the next crop year, while raw sugar ended the week down for the first time in five weeks on expectations that India could subsidize exports. *December New York cocoa settled down $34, or 1.5 percent, at $2,167 a tonne after dipping to a one-month low of...

  • LONDON, Sept 20- Raw sugar futures rose on Thursday boosted partly by indications that exports from India may take place slightly later than had been expected while coffee and cocoa prices were also higher. *October raw sugar was up 0.21 cent, or 1.95 percent, at 10.97 cents per lb at 1125 GMT. *India will consider various proposals to support the sugar industry,...

  • NEW YORK/ LONDON, Sept 14- New York cocoa futures on ICE tumbled more than $100 per tonne on Friday, on concerns about possible low-quality beans in the United States, while raw sugar slumped nearly 6 percent on profit-taking in the final minutes of the trading session. *December New York cocoa settled down $96, or 4.2 percent, at $2,219 per tonne, after falling $110 to...

  • NEW YORK/ LONDON, Aug 31- New York cocoa futures on ICE rallied on Friday, on chart-based buying that helped lift its monthly gains to the strongest since April, while arabica coffee quietly extended losses in its weakest monthly performance in nearly two years. Raw sugar, arabica coffee and New York cocoa contracts will be closed on Monday for the Labor Day holiday.

  • NEW YORK/ LONDON, Aug 30- Cocoa futures on ICE fell around 3 percent on Thursday, dropping on chart-based selling as prices fell below the key 200- day moving averages, while raw sugar rose to a three-week high on diminishing crop prospects in Europe and Brazil. *Dealers said prices were supported by reduced crop prospects in Europe and Brazil, which should reduce...

  • NEW YORK/ LONDON, Aug 24- Arabica coffee and raw sugar on ICE Futures U.S. rose on Friday, pulling away from the. London- based cocoa, arabica coffee and white sugar futures will be closed on Monday for a UK public holiday. *December arabica coffee rose 2.50 cents, or 2.5 percent, to $1.04 per lb on currency support, finishing the week unchanged after rallying from...