Colosseum a.s. (Colosseum a.s.)
Commodities  |  March 18, 2013 18:24:28

Arabica coffee continues on ICE Futures U.S. in sixth day slump



ColosseumAt the 33-month lows weakened during the last trading session last week on ICE Futures U.S. exchange most active futures contract for Arabica coffee. The aforementioned responded to reports of sufficient supplies from Brazil and also an increase in stocks mentioned type of coffee to the highest level since March 2010. According to independent reports sold to Brazilian farmers harvested 28 February, 71% of coffee, which is 16% less than the previous year. Inventories monitored by the Coffee Exchange ICE Futures U.S. amounted to čtvrtečnímu day last week, 2.7 million bags, which is the most since March 5 2010. Brazilian farmers would harvest this season, had 47 to 48 million bags. Arabica coffee futures on the May delivery date weakened during Friday's trading session on the exchange ICE Futures U.S. by 1.5% to the closing price of 137.50 cents per pound weight.During the day, the price of Arabica fell to 137.15 cents, the lowest since 10.června 2010th In the fall continues also in the day, 65 minutes before the end of the session weakens by 3 cents to 134.50 cents per pound.

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Read also:

April 16, 2014Káva Arabika na burze ICE Futures U.S. propadla o 6 % Martin Beneš (HB Partners)
June 18, 2013Bavlna na burze ICE Futures U.S. druhým dnem oslabuje Colosseum a.s. (Colosseum a.s.)

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