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The Latest Breaking News from Ice

Coffee Prices Rally on Reduced Coffee Exports from Colombia

July arabica coffee (KCN23 ) this morning is up +4.80 (+2.62%), and July ICE robusta coffee (RMN23 ) is up +40 (+1.66%). Coffee prices this morning climbed to 1-week highs and are moderately higher. Reduced coffee supplies from Colombia are bullish for prices after the Colombia Coffee Growers Federation reported...

Barchart

Colombia cancels flights returning migrants from US, cites mistreatment

Colombia's migration agency has temporarily suspended a program to return Colombian nationals found by immigration officers at the U.S. border with Mexico, it said on Thursday, citing cruel and degrading treatment and last-minute flight cancellations.

Reuters

Coffee Prices Close Lower on Economic Concerns

July arabica coffee (KCN23 ) on Thursday closed down -2.55 (-1.37%), and July ICE robusta coffee (RMN23 ) closed down -12 (-0.50%). Coffee prices Thursday fell moderately, with arabica posting a 3-week low. Coffee prices are lower on concern that the ongoing U.S. banking turmoil will lead to slower economic...

Barchart

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Cocoa Prices Climb on Heavy Rain in West Africa

July ICE NY cocoa (CCN23 ) on Thursday closed up +34 (+1.18%), and July ICE London cocoa #7 (CAK23 ) closed up +21 (+0.96%). Cocoa prices Thursday closed moderately higher. Short-covering emerged in cocoa futures on reports of heavy rain in West Africa that have delayed the mid-crop harvest and...

Barchart

Economic Concerns Undercut Coffee Prices

July arabica coffee (KCN23 ) this morning is down -2.25 (-1.21%), and July ICE robusta coffee (RMN23 ) is down -12 (-0.50%). Coffee prices this morning are moderately lower, with arabica falling to a 3-week low. Coffee prices are lower on concern that the ongoing U.S. banking turmoil will lead...

Barchart

How Do Electric Car Owners Save Money Compared To Gas Car Drivers?

When looking at EVs, most prospective buyers see higher sticker prices. However, EV buyers could stand to save thousands in the long run, but there are caveats.

InsideEVs

Arabica Coffee Closes Moderately Lower on Demand Concerns

July arabica coffee (KCN23 ) on Wednesday closed down -1.25 (-0.67%), and July ICE robusta coffee (RMN23 ) was unchanged. Arabica coffee Wednesday closed moderately lower and posted a 3-week low. Concerns that the ongoing U.S. banking turmoil will lead to slower economic growth that curbs coffee demand are weighing...

Barchart

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Cocoa Prices Under Pressure as ICE Cocoa Inventories Climb

July ICE NY cocoa (CCN23 ) on Wednesday closed down -21 (-0.73%), and July ICE London cocoa #7 (CAK23 ) closed down -23 (-1.04%). Cocoa prices Wednesday added to Tuesday's losses and posted 3-week lows. An increase in cocoa inventories is negative for prices after ICE-monitored cocoa inventories held in...

Barchart

Coffee Prices Slip on Demand Concerns

July arabica coffee (KCN23 ) this morning is down -0.80 (-0.43%), and July ICE robusta coffee (RMN23 ) is unchanged. Coffee prices this morning are moderately lower, with arabica falling to a 3-week low. Concerns that the ongoing U.S. banking turmoil will lead to slower economic growth that curbs coffee...

Barchart

Cocoa Prices Fall on an Increase in ICE Cocoa Inventories

July ICE NY cocoa (CCN23 ) on Tuesday closed down -41 (-1.40%), and July ICE London cocoa #7 (CAK23 ) closed down -11 (-0.50%). Cocoa prices Tuesday fell moderately, with NY cocoa posting a 2-1/2 week low and London cocoa posting a 2-week low. An increase in cocoa inventories is...

Barchart

Coffee Prices Rally on Weaker Dollar

July arabica coffee (KCN23 ) on Tuesday closed up +1.15 (+0.62%), and July ICE robusta coffee (RMN23 ) closed up +15 (+0.62%). Coffee prices Tuesday closed moderately higher due to a weaker dollar. Arabica coffee also rose on tighter inventories after ICE monitored arabica coffee inventories Tuesday fell to a...

Barchart

Coffee Prices Climb on a Weaker Dollar

July arabica coffee (KCN23 ) this morning is up +1.50 (+1.81%), and July ICE robusta coffee (RMN23 ) is up +11 (+0.46%). Coffee prices this morning are moderately higher due to a weaker dollar. Arabica coffee also has support from tighter inventories after ICE monitored arabica coffee inventories Monday fell...

Barchart

Dollar Strength Weighs on Cocoa Prices

July ICE NY cocoa (CCN23 ) on Monday closed down -5 (-0.17%), and July ICE London cocoa #7 (CAK23 ) did not trade with markets in the UK closed for the May Day holiday. NY cocoa on Monday posted moderate losses on the rally in the dollar index to a...

Barchart

Arabica Coffee Closes Lower on Dollar Strength

July arabica coffee (KCN23 ) on Monday closed down -0.35 (-0.19%), and July ICE robusta coffee did not trade, with markets in the UK closed for the May Day holiday. Arabica coffee prices Monday fell to a 2-1/2 week low and closed mildly lower. A rally in the dollar index...

Barchart

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Arabica Coffee Falls Back on Dollar Strength

July arabica coffee (KCN23 ) today is down -1.90 (-1.02%), and July ICE robusta coffee is not trading today, with markets in the UK closed for the May Day holiday. Arabica coffee prices this morning are moderately lower and posted a 2-1/2 week low. A stronger dollar today has weighed...

InsideEVs

Tesla Leads Italy's EV Market Rebound In March 2023

Italy’s EV market is finally giving some positive signs, after months of subdued numbers. Tesla's recent and repeated price cuts seem to have paid off.

Barchart

Coffee Futures- The Bullish Trend Returns

In February 2022, nearby ICE coffee futures reached the highest price since 2011 when they traded at a $2.6045 per pound high. The rally ran out of upside steam, sending Arabica coffee bean prices to a $1.4205 low eleven months later, in January 2023. Coffee futures found a bottom in…

Barchart

Cocoa Prices Settle Mixed as British Pound Strength Weighs on London Cocoa

July ICE NY cocoa (CCN23 ) on Friday closed up +13 (+0.44%), and May ICE London cocoa #7 (CAK23 ) closed down -13 (-0.59%). Cocoa prices Friday settled mixed, with London cocoa falling to a 1-1/2 week low. A rally in the British pound (^GBPUSD) to a 10-1/2 month high...

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Barchart

Coffee Prices Consolidate Recent Rally

July arabica coffee (KCN23 ) on Friday closed down -2.25 (-1.20%), and July ICE robusta coffee (RMN23 ) closed up +4 (+0.17%). Coffee prices Friday settled mixed, with arabica falling to a 2-1/2 week low. Coffee prices consolidated their recent sharp rally seen over the past five weeks. Coffee was...

Barchart

Coffee Prices Under Pressure from Demand Concerns

July arabica coffee (KCN23 ) this morning is down -1.95 (-1.04%), and July ICE robusta coffee (RMN23 ) closed down -11 (-0.46%). Coffee prices this morning are moderately lower, with arabica falling to a 2-1/2 week low. Coffee prices are lower on concern that a slowdown in the global economy...

The Independent UK

Lawsuit: California prisons target 'foreign-born' inmates

A lawsuit filed in state court alleges California's corrections agency routinely refers inmates who appear to be “foreign-born” to federal immigration authorities even if they are U.S. citizens

Barchart

Coffee Prices Close Moderately Lower on Demand Concerns

July arabica coffee (KCN23 ) on Thursday closed down -3.40 (-1.77%), and July ICE robusta coffee (RMN23 ) closed down -8 (-0.33%). Coffee prices Thursday closed moderately lower. Concerns that a slowdown in the U.S. economy will curb coffee demand undercut prices after Thursday's economic news showed that the U.S....

Barchart

Cocoa Prices Fall Back on Increased ICE Inventories

July ICE NY cocoa (CCN23 ) on Thursday closed down -26 (-0.82%), and May ICE London cocoa #7 (CAK23 ) closed down -9 (-0.40%). Cocoa prices Thursday closed moderately lower. A negative factor for cocoa is an increase in current inventories after ICE-monitored cocoa inventories held in U.S. port warehouses...

Barchart

Coffee Prices Slip on Demand Concerns

July arabica coffee (KCN23 ) this morning is down -3.30 (-1.72%), and July ICE robusta coffee (RMN23 ) is down -10 (-0.41%). Coffee prices this morning are moderately lower. Concerns that a slowdown in the U.S. economy will curb coffee demand are weighing on prices after today's economic news showed...

Barchart

Cocoa- A New Multi-Year High in the Soft Commodity

Over the past months, cotton, sugar, coffee, and frozen concentrated orange juice futures rose to the highest price in years, with FCOJ reaching a new record peak. Meanwhile, cocoa futures were the latest soft commodity to join the bullish party, moving above $3,000 per ton to the highest price since…

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