Arabica Robusta Coffee Futures Quoate Outlook Sept 3 2015 : The
price of coffee and cacao hani is Wednesday 2 September 2015, In
overnight trade re commodity markets experienced a downturn due to the
pressure of the US Dollar which meguat, making the weakening of
currencies in countries coffee producers, such as Brazil, Viatnam, Nor
ivory coast as a producer of Cocoa the world's largest.
Arabica coffee prices continue to extend losses after a sell-off below the price of $ 1.2025, the contract prior to the psychological support level of $ 1.20, this time speculators are not keen to take action to buy.Arabica coffee prices on ICE Futures US exchange for December delivery fell Closed much as 2.45 cents, or 2 percent, at the level of the price of $ 118.35 per pound, after hitting a low price For over 1.5 years at the level of the price of $ 1.1815.
While the Liffe exchange in London robusta coffee for November delivery closed down by $ 22 or 1.4 percent, at $ 1,581 per tonne, after experiencing the lowest prices at the level of $ 1,579 per ton.While the price of cocoa on the New York Stock Exchange ICE cocoa for December delivery closed down $ 24, or 0.8 percent, at the price level of $ 3,117 per ton, while the price of cocoa on the London exchange Liffe cocoa for December delivery closed down 14 pounds, or 0, 7 per cent, at £ 2,112 per tonne.
Fundamenta overnight that the demand for coffee in the Europa increased while the drought that hit some coffee producing countries resulted in decreased crop yields, nampkanya become strong fundamentals that the decline in the price of coffee and cacao soon subside for some time to come
According to the prediction of Indonesian Coffee Specialists, for the next day's trading Robusta coffee prices are still under selling pressure with the tendency to seek support price of $ 1.561 and $ 1.617 Resistance find the price in case of fundamentally reversed, the average indicator showed 96% SELL
While the price of Arabica coffee futures for December delivery trend will reach the level of price support at $ 115.78 premises Price Resistance at $ 123.08 level, technical indicators show the average 95% SELL
Market Closing prices of coffee and cacao Wednesday, September 2, 2015Robusta on the London market in 1581 NOV -22 (1607-1579), MAR 1616 -20 (1638-1614), Arabica in New York ICE exchange DES 118.35 -2.45,Liffe cocoa in London stock exchange ICE DES 2112 -14 New York, NY DES 3117 24
Arabica coffee prices continue to extend losses after a sell-off below the price of $ 1.2025, the contract prior to the psychological support level of $ 1.20, this time speculators are not keen to take action to buy.Arabica coffee prices on ICE Futures US exchange for December delivery fell Closed much as 2.45 cents, or 2 percent, at the level of the price of $ 118.35 per pound, after hitting a low price For over 1.5 years at the level of the price of $ 1.1815.
While the Liffe exchange in London robusta coffee for November delivery closed down by $ 22 or 1.4 percent, at $ 1,581 per tonne, after experiencing the lowest prices at the level of $ 1,579 per ton.While the price of cocoa on the New York Stock Exchange ICE cocoa for December delivery closed down $ 24, or 0.8 percent, at the price level of $ 3,117 per ton, while the price of cocoa on the London exchange Liffe cocoa for December delivery closed down 14 pounds, or 0, 7 per cent, at £ 2,112 per tonne.
Fundamenta overnight that the demand for coffee in the Europa increased while the drought that hit some coffee producing countries resulted in decreased crop yields, nampkanya become strong fundamentals that the decline in the price of coffee and cacao soon subside for some time to come
According to the prediction of Indonesian Coffee Specialists, for the next day's trading Robusta coffee prices are still under selling pressure with the tendency to seek support price of $ 1.561 and $ 1.617 Resistance find the price in case of fundamentally reversed, the average indicator showed 96% SELL
While the price of Arabica coffee futures for December delivery trend will reach the level of price support at $ 115.78 premises Price Resistance at $ 123.08 level, technical indicators show the average 95% SELL
Market Closing prices of coffee and cacao Wednesday, September 2, 2015Robusta on the London market in 1581 NOV -22 (1607-1579), MAR 1616 -20 (1638-1614), Arabica in New York ICE exchange DES 118.35 -2.45,Liffe cocoa in London stock exchange ICE DES 2112 -14 New York, NY DES 3117 24
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