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The Latest Breaking News from Ice

Cocoa Prices Settle Higher on Dollar Weakness and Cocoa Supply Concerns

March ICE NY cocoa (CCH24 ) on Thursday closed +74 (+1.79%), and Mar ICE London cocoa #7 (CAH24 ) closed +87 (+2.54%). Cocoa prices Thursday posted moderate gains as a weaker dollar supported prices. Cocoa also had a positive carryover from Wednesday when Rabobank projected a 2023/24 global cocoa deficit...

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Coffee Prices End Higher as Dollar Weakness Induces Short Covering

March arabica coffee (KCH24 ) on Thursday closed up +2.25 (+1.28%), and Jan ICE robusta coffee (RMF24 ) closed up +25 (+0.98%). Coffee prices Thursday settled moderately higher as a weaker dollar spurred some short-covering in coffee futures after Wednesday's sell-off to a 1-week low. Coffee prices have been under...

Barchart

3 High-Performance Outsourcing Stocks to Secure Today

The importance of focusing on core competencies, achieving operational efficiency, cost savings, scalability, etc., are some of the key factors driving the long-term growth prospects of the outsourcing industry. Amid this backdrop, it could be wise to buy fundamentally strong outsourcing stocks Accenture (ACN), ICF International (ICFI), and American Public…

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Coffee Posts Moderate Gains as Dollar Weakness Spurs Short Covering

March arabica coffee (KCH24 ) this morning is up +2.35 (+1.34%), and Jan ICE robusta coffee (RMF24 ) is up +27 (+1.05%). Coffee prices this morning are moderately higher as a weaker dollar spurred some short-covering in coffee futures. Coffee prices have been under pressure the last couple of sessions...

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World RX to admit ICE cars with sustainable fuels in 2024 alongside EVs

It was announced following the latest meeting of the FIA's World Motor Sport Council in Baku that ICE cars would be eligible to contest the pinnacle of rallycross for the first time since 2021, on equal terms with EVs, in what the series has billed as a Battle of Technologies.

Autosport

Rental Company Sixt Phases Out Tesla EVs From Fleet

Rental car company Sixt cuts Tesla EVs from its fleet, citing repair costs and reduced residual value.

InsideEVs

Cocoa Prices Rebound as Rabobank Projects a Global Cocoa Deficit

March ICE NY cocoa (CCH24 ) on Wednesday closed +20 (+0.49%), and Mar ICE London cocoa #7 (CAH24 ) closed +2 (+0.06%). Cocoa prices recovered from early losses Wednesday and closed higher after Rabobank projected a 2023/24 global cocoa deficit of -160,000 MT due to output declines in the Ivory...

Barchart

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Arabica Coffee Closes Sharply Lower as Supply Fears Recede

March arabica coffee (KCH24 ) on Wednesday closed down -8.50 (-4.63%), and Jan ICE robusta coffee (RMF24 ) closed down -21 (-0.81%). Coffee prices Wednesday retreated, with arabica coffee falling sharply as concerns about global coffee supplies recede. On Tuesday, the International Coffee Organization (ICO) projected 2023/24 global coffee production...

Barchart

Arabica Coffee Sinks as Supply Concerns Ease

March arabica coffee (KCH24 ) this morning is down -7.90 (-4.30%), and Jan ICE robusta coffee (RMF24 ) is down -18 (-0.70%). Coffee prices this morning are under pressure, with arabica coffee sharply lower as concerns about global coffee supplies ease. On Tuesday, the International Coffee Organization (ICO) projected 2023/24...

Barchart

Why are Natural Gas Prices So Low?

The peak demand season in the natural gas market begins in late November and runs through March when heating demand peaks. After rising from March through November, the natural gas in storage across the United States falls during the winter when the price tends to reach seasonal highs. In early…

Barchart

Coffee Prices Close Higher on Global Coffee Production Concerns

March arabica coffee (KCH24) on Tuesday closed up +4.35 (+2.42%), and Jan ICE robusta coffee (RMF24) closed up +39 (+1.53%). Coffee prices Tuesday finished moderately higher. Concern that dry conditions in Brazil will lead to smaller coffee yields is supporting prices. Somar Meteorologia reported Monday that Brazil's Minas Gerais region...

Barchart

Cocoa Prices Weighed Down by Dollar Strength

March ICE NY cocoa (CCH24 ) on Tuesday closed -65 (-1.56%), and Dec ICE London cocoa #7 (CAZ23 ) closed -44 (-1.26%). Cocoa prices Tuesday closed lower for a third session, with NY cocoa posting a 1-week low and London cocoa posting a 3-1/2 week low. Tuesday's rally in the...

Barchart

Coffee Prices Move Higher on Concern About Global Coffee Production

March arabica coffee (KCH24 ) this morning is up +3.80 (+2.12%), and Jan ICE robusta coffee (RMF24 ) is up +45 (+1.77%). Coffee prices this morning are moderately higher. Concern that dry conditions in Brazil will lead to smaller coffee yields is supporting prices today. Somar Meteorologia reported Monday that...

Barchart

Cocoa Prices Slip as Dollar Strength Spurs Long Liquidation

March ICE NY cocoa (CCH24 ) on Monday closed -30 (-0.71%), and Dec ICE London cocoa #7 (CAZ23 ) closed -16 (-0.46%). Cocoa prices Monday posted moderate losses for a second session as prices consolidated below last week's 46-year high. Monday's rally in the dollar index to a 1-week high...

Barchart

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Coffee Prices Fall as Supply Concerns Ease

March arabica coffee (KCH24 ) on Monday closed down -4.95 (-2.69%), and Jan ICE robusta coffee (RMF24 ) closed down -26 (-1.01%). Coffee prices Monday settled sharply lower on signs of bigger supplies. Brazil's Trade Ministry reported late last Friday that Brazil's Nov coffee exports (not roasted) rose +8.5% y/y...

Barchart

Coffee Prices Move Lower on an Increase in Supplies

March arabica coffee (KCH24 ) this morning is down -5.40 (-2.93%), and Jan ICE robusta coffee (RMF24 ) is down -29 (-1.13%). Coffee prices this morning are moderately lower on signs of bigger supplies. Brazil's Trade Ministry reported late last Friday that Brazil's Nov coffee exports (not roasted) rose +8.5%...

The Guardian - UK

German travel chaos blamed on lack of investment in railways

Travellers advised to cancel journeys as heavy snow brings much of country’s rail network to a halt

Inverse

Ice-T! 'Rick and Morty’s Epic New Cameo Was 8 Years in the Making

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Cocoa Prices Retreat After ICCO Cuts its 2022/23 GLobl Cocoa Deficit Estimate

March ICE NY cocoa (CCH24 ) on Friday closed -76 (-1.78%), and Dec ICE London cocoa #7 (CAZ23 ) closed -79 (-2.21%). On Friday, cocoa prices retreated after the International Cocoa Organization (ICCO) cut its 2022/23 global cocoa deficit estimate to -99,000 MT from a previous forecast of -116,000, citing...

Barchart

Coffee Closes Moderately Lower as Honduras Coffee Exports Jump

March arabica coffee (KCH24 ) on Friday closed down -0.35 (-0.19%), and Jan ICE robusta coffee (RMF24 ) closed down -39 (-1.49%). Coffee prices Friday gave up an early advance and posted moderate losses on signs of larger coffee supplies after Honduras, Central America's biggest coffee-producing country, reported its Nov...

Barchart

Coffee Prices Fall Back as Honduras Coffee Exports Jump

March arabica coffee (KCH24 ) this morning is down -0.40 (-0.22%), and Jan ICE robusta coffee (RMF24 ) is down -29 (-1.11%). Coffee prices this morning gave up an early advance and turned lower on signs of larger coffee supplies after Honduras, Central America's biggest coffee-producing country, reported its Nov...

Barchart

Cocoa Prices Underpinned as Heavy Rain Drenches West African Cocoa Farms

March ICE NY cocoa (CCH24 ) on Thursday closed +4 (+0.09%), and Dec ICE London cocoa #7 (CAZ23 ) closed -2 (-0.06%). Cocoa prices on Thursday extended this week's rally, with Mar NY cocoa posting a contract high and nearest-futures (CCZ23) posting a 46-year high. Cocoa prices remain underpinned as...

Barchart

Coffee Prices Soar Ahead of Friday's ICE Inventory Rule Change

March arabica coffee (KCH24 ) on Thursday closed up +12.00 (+6.95%), and Jan ICE robusta coffee (RMF24 ) closed up +88 (+3.49%). Coffee prices Thursday rallied sharply, with arabica posting a 5-1/2 month high. Coffee prices surged Thursday ahead of a new rule that begins Friday when the Intercontinental Exchange...

Barchart

Coffee Prices Surge Ahead of Friday's ICE Inventory Rule Change

March arabica coffee (KCH24 ) this morning is up +12.10 (+7.01%), and Jan ICE robusta coffee (RMF24 ) is up +92 (+3.65%). Coffee prices this morning are sharply higher, with arabica posting a 5-1/2 month high. Coffee prices surged today ahead of a new rule that begins Friday when the...

Barchart

Coffee Prices Settle Lower on Forecasts for Rain in Brazil

March arabica coffee (KCH24 ) on Wednesday closed down -0.40 (-0.23%), and Jan ICE robusta coffee (RMF24 ) closed down -16 (-0.63%). Coffee prices Wednesday closed moderately lower as forecasts for heavy and widespread rain in Brazil eased dryness concerns and weighed on coffee prices. On Wednesday, Climatempo said that...

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