Coffee surged as frosts in Brazil are expected

Note: This section contains information in English only.
Source: Dukascopy Bank
Rural commodities balanced between favorable weather conditions in the US planting regions and expected frosts in Brazil.

Wheat decreased for the first time in four sessions after US government reported that farmers accelerated planting due to warm and wet weather.

Corn faced some gains despite expectation that US farmers will plant the most acres since 1937.

Sugar approached one-year low as amount to be delivered in May was bigger than estimated. However, sweetener's prices in India rose as producers await more export permits.

Coffee rocketed as frosts are expected in the main coffee-growing areas in Brazil that can damage coffee trees. Moreover, Colombia's coffee harvest is estimated to be 28% lower than in the previous marketing season.


Back to articles

Actual Topics

Wed, 02 May 2012 14:11:42 GMT

FTSE 100 index drops on weak macro-indicators

FTSE 100 index traded lower on Wednesday as record high unemployment level and weaker manufacturing activity in Euro Zone weighed on investor sentiment. Another report from U.S. showed companies added less new jobs than expected in April. Standard Chartered tumbled 3.5%, Lloyds Banking Group lost 3.1%, while Barclays PLC shed 4.1%. On the upside Next rallied 2.1% on news its

Wed, 02 May 2012 14:52:49 GMT

Brent declined on potential output increase

Energy commodities were mixed amid inspiring manufacturing data from the US and China and increasing US oil stockpiles.Crude oil gained more than 1% as positive PMI data lifted hopes for better demand prospects. Brent oil tumbled after Nigeria reported it aims to increase its oil output to four million barrels per day by 2020. Falling imports of the Iranian oil

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.