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Coffee, sugar futures to rise – but cocoa price outlook less rosy
date:Jan 26, 2016
pt the estimate ahead of the level investors are factoring in.
May futures closed on Friday at 14.17 cents a pound.
And the bank forecast futures ending 2016 at 15.50 cents a pound, ahead of the 14.42 cents a pound that March 2017 futures were priced at
Prices set to rise
For coffee too, the bank forecast prices ending the current quarter, and 2016, above the level that futures markets expect, with New York arabica values seen at 140 cents a pound at year-end, above the 126.80 cents a pound inve

12/21 23:03