Coffee dives amid ample South American output

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Rural commodities except for coffee rallied for the second consecutive session on Thursday on hopes lower prices will attract more demand. Moreover, better-than-expected US grains export data was supportive for the commodity pack.

Wheat climbed on ideas that a recent decline in prices will result in strong demand from livestock producers. At the same time, better weather conditions in the US Great Plains cut gains of the commodity.

Corn advanced after the USDA data showed US corn exports beat expectations, reaching a three-month high last week. Moreover, US ethanol production rose more-than-expected last week, signaling that biofuel output may be back on track.

Sugar was the top-performer on speculation that Brazil may lower a tax that would make it more appealing for mills to use cane for ethanol production rather than for producing sugar.

Coffee declined for the second day in a row on talks ample South American supplies are likely to compensate crop losses in other regions. Meanwhile, coffee beans in the ICE Futures US warehouses reached a two-year high.
Back to articles

Actual Topics

Fri, 01 Mar 2013 15:17:04 GMT

The Cable dropped to the lowest level in 2,5 years in February

The Sterling plunged to a 2 ½ year low versus the U.S. Dollar after data indicated that manufacturing decreased more than it was expected in February. The Cable weakened 0.8% to $1.5048 and 0.7% to 86.67 pence versus the Euro. The Pound has dropped 5.6% during the current year, showing the worst performance among its 10 major peers.

Fri, 01 Mar 2013 13:55:03 GMT

Heating oil dips as US inventories unexpectedly rise

Energy futures apart from natural gas moved lower on Thursday on signs of rising US production. At the same time, bullish EIA inventory reports as well as positive US data limited the downward trend of the commodity complex. Crude oil ended Thursday's session on the negative note on reports that the US crude oil output soared to more than

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.