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Coffee Declines on Economic Outlook; Sugar Rises; Cocoa Falls

By admin on Saturday, September 10th, 2011 | No Comments

Coffee fell to a two-week low on concern that slowing economies will dent demand as supplies climb. Sugar advanced, while cocoa slid. The Reuters/Jefferies CRB Index of 19 commodities dropped as much as 1.5 percent on mounting concern the global economy is faltering. In the new crop season starting in October, coffee supplies will increase [...]

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Sugar Falls on Global-Surplus Speculation; Coffee, Cocoa Gain

By admin on Monday, June 27th, 2011 | No Comments

Sugar declined for the second straight session on expectations that global supplies will exceed demand next year. Coffee and cocoa gained. Sugar production will outpace use by 7.8 million metric tons in the season that starts Oct. 1, the first surplus in three years, VM Group and ABN Amro Bank NV said last week in [...]

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Nestle chairman sees cocoa, coffee supplies strong

By admin on Friday, May 20th, 2011 | No Comments

 Nestle SA (NSRGY, NESN.VX) Chairman Peter Brabeck-Letmathe said Friday he expects there will be a sufficient supply of cocoa and coffee from the major producing areas around the world for the next few years. Switzerland-based Nestle is among the largest cocoa and coffee-buying companies in the world. Recent political unrest in the Ivory Coast, the [...]

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I Coast lifts ban on cocoa, coffee exports, tax-TV

By admin on Friday, April 15th, 2011 | No Comments

ABIDJAN, April 14 (Reuters) – Ivory Coast’s President Alassane Ouattara has ordered the end of a ban on cocoa and coffee exports as well as on related tax payments, his television channel said on Thursday. “The president of the republic orders that the measures suspending coffee and cocoa exports as well as tax payments be [...]

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Cocoa Rises on Ivory Coast Supply Concern; Sugar, Coffee Retreat

By admin on Tuesday, April 12th, 2011 | No Comments

Cocoa rose for a second day on concern that exports from Ivory Coast, the world’s largest producer, may be delayed as lingering conflicts from a civil war left ports and banks in chaos. Sugar and coffee fell. The capture of former president Laurent Gbagbo yesterday may mark the end of the Ivory Coast conflict sparked [...]

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