5 days, 9 hours ago
Arabica coffee prices fall back, sugar also down
Live MintLONDON, Jan 3 - Arabica coffee futures on ICE were lower on Friday, erasing most of the previous session's gains, while sugar and New York cocoa prices also fell. COFFEE * Arabica coffee futures on ICE fell 1.6% to $3.17 per lb by 1428 GMT, having risen 2.3% on Thursday. * Robusta coffee fell 0.3% to $5,042 a ton, with the focus still on delays to the Vietnam harvest because of wet weather that could also lead to quality issues in the world's top robusta producer. * Dealers said that dry weather remained a concern in top grower Ivory Coast and could lead to reduced production and quality issues during the next couple of months.
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Robusta coffee prices rise on Vietnam harvest delays
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