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July 9, 2010
Coffee Futures Rise to One-Week High on Reduced Supplies; Cocoa Advances
Arabica-coffee futures rose to the highest price in a week on reduced supplies, Cocoa also jumped.
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World Coffee Exports Set to Decline in 2010 Amid Bean `Scarcity,’ ICO Says
Coffee exports from producing nations will decline for a second year in 2010 amid “scarcity” that has prompted a rally in New York futures, the International Coffee Organization said.
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Coffee Futures Fall as Brazil’s Crop May Escape Frost Damage; Cocoa Drops
Arabica-coffee futures fell for the third time in four sessions after a weather forecaster said Brazil’s crop, the world’s largest, should be undamaged by frost this month. Cocoa also declined.
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