Colosseum a.s. (Colosseum a.s.)
Commodities  |  April 03, 2013 17:22:28

Arabica weakened the most in the last 2 weeks

ColosseumThe biggest drop in prices in the last two weeks saw in yesterday's trading session on the exchange ICE Futures U.S. The most active futures contract on the type of Arabica coffee. The reason was a reaction to signs more than adequate supply. According to independent sources should coffee production in Brazil next year to reach a record 63 million bags. This year's harvest is expected to reach 54 million. Also India, the third largest world producer, would in this year's harvest season had 10% more coffee. Futures on the type of Arabica coffee with the May delivery date weakened in yesterday's trading session on the exchange ICE Futures U.S. by 1.6% to the closing price of 136.15 cents per pound weight. It was the biggest drop in price most active futures contract since March 18.

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Arabika oslabila nejvíce za poslední 2 týdny

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