Australia markets closed

Coffee Sep 21 (KC=F)

NYBOT - NYBOT Delayed price. Currency in USX
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197.75-2.70 (-1.35%)
As of 8:24AM EDT. Market open.
Full screen
Pre. SettlementN/A
Settlement date2021-09-20
Open201.80
Bid197.60
Last price200.45
Day's range195.30 - 203.50
Volume7,856
Ask197.95
  • Coffee Traders Reel With the World’s Biggest Crop Under Threat
    Bloomberg

    Coffee Traders Reel With the World’s Biggest Crop Under Threat

    (Bloomberg) -- Price swings for arabica coffee are the biggest in nearly two decades with traders nervously tracking the approach of a cold wave that’s threatening global supplies.Futures for the high-end beans have surged 56% this year, making it one of the best performers among commodities.“The market has to be on edge,” said Nick Gentile, managing partner for NickJen Capital Management in New York. “You can’t be short here.”Temperatures will begin to descend in the next 24 hours in southern B

  • Sugar, Coffee Slip from Multiyear Highs as Frost Fears Ease
    Bloomberg

    Sugar, Coffee Slip from Multiyear Highs as Frost Fears Ease

    (Bloomberg) -- Raw sugar futures slid and coffee dropped on easing concerns of frost damage to crops in top shipper Brazil.Brazil’s key growing regions for sugar, coffee and oranges are expected to see freezing temperatures on Friday and Saturday. However, current forecasts show the cold front will be preceded by a cloud cover, steering it toward the ocean, according to Michael McDougall, managing director at Paragon Global Markets.“This, at the present time, will mean the front will be less dam

  • Coffee Stockpiles Turn to Gold After Shock to Global Supplies
    Bloomberg

    Coffee Stockpiles Turn to Gold After Shock to Global Supplies

    (Bloomberg) -- Traders holding coffee beans in exchange warehouses are suddenly sitting on a jackpot.That’s because frigid temperatures have wiped out a chunk of the harvest for arabica beans in Brazil, the world’s top grower. So much was lost to frost, in fact, that it’s estimated to equal twice the amount of all arabica beans in warehouses monitored by ICE Futures U.S., the main exchange for trading coffee futures. That’s rapidly driving up the value of the beans -- some of which have been sit