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SOFTS HIGHLIGHTS: Top Stories Of The Day124 days ago
BANGALORE (Dow Jones)--Global coffee prices are likely to remain firm at current levels as the supply situation remains tight, Nestor Osorio, executive director of the International Coffee Organization, said Wednesday.
BANGALORE (Dow Jones)--India's largest integrated coffee grower, Tata Coffee Ltd. (532301.BY), has shelved its plan to set up a 3,600-metric-ton-a-year instant coffee plant in Uganda, its managing director said Thursday.
NEW YORK (Dow Jones)--Kraft Foods Inc. (KFT) Chief Executive Irene Rosenfeld gave no indication Wednesday of her next move on Cadbury PLC (CBY), but emphasized that the food giant is poised for growth: with or without Cadbury.
YAOUNDE, Cameroon (Dow Jones)--Cameroon's Trade Minister Luc Magloire Mbarga Atangana has authorized the importation of 10,000 metric tons of sugar from the Republic of Congo.
NEW DELHI (Dow Jones)--Indian mills have signed import deals in the past two months for 968,857 metric tons of raw sugar, just ahead of the sugar cane crushing season, to boost domestic supplies, a senior food ministry official said Thursday.
MEXICO CITY (Dow Jones)--Physical trading was quiet this week in the cash sugar markets of Mexico, Colombia and Central America despite high international prices, traders and exporters said Wednesday.
SAO PAULO (Dow Jones)--Lower world raw sugar prices on ICE Futures U.S. did little to entice sweetener buyers in Brazil this week, sugar industry specialists said Wednesday.
March world raw sugar futures fell Wednesday, pressured by speculative selling backed by a firm U.S. dollar, falling crude oil futures and mixed commodity indexes.
SAO PAULO (Dow Jones)--The total volume of cocoa arrivals from Bahia and other Brazilian states slowed to 31,015 60-kilogram bags in the week ended Oct. 4 from 38,381 bags the prior week, the Commercial Association of Bahia said this week.
FRANKFURT (Dow Jones)--German cocoa bean grindings in the third quarter rose 11.2% to 98,315 metric tons, compared with 88,426 tons in the same period last year, the Association of the German Confectionary Industry said Wednesday.
U.S. cocoa futures rose Wednesday on support from friendly German quarterly grindings and technical buying linked to prices holding at the upper end of the recent trading band.
Costa Rica's coffee industry has logged in contracts for 568,989 (60-kilogram) bags of coffee from the upcoming 2009-10 crop in forward sales through Oct. 2, the official Costa Rican Institute, or Icafe, said Wednesday.
Colombia's National Federation of Coffee Growers, or Fedecafe, on Wednesday set the daily coffee export price at $1.7410 per pound, up from $1.7145/lb on Oct. 6.
BANGALORE, India (Dow Jones)--India's Amalgamated Bean Coffee Trading Co. Ltd. is looking to acquire a coffee chain in Europe, its chairman said Wednesday.
SAO PAULO (Dow Jones)--Brazilian green coffee exports for Oct. 1-6 hit 127,088 60-kilogram bags, according to preliminary figures from the Brazilian Green Coffee Exporters Council, or Cecafe.
BANGALORE (Dow Jones)--Coffee output in India, Asia's third-largest producer, is likely to be above 300,000 metric tons in the crop year that began Oct. 1, the chairman of the state-run Coffee Board said Wednesday.
NEW YORK (Dow Jones)--ICE Futures U.S. arabica coffee posted modest gains Wednesday in line with consolidative moves in equities, commodities and the U.S. dollar.
-By Eva Szalay, Dow Jones Newswires; 4420-7842-9449; eva.szalay@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=GgxXbxoQpFO6b9Z%2BMg3Vuw%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
October 08, 2009 07:07 ET (11:07 GMT)
TOP STORIES
Global Coffee Prices May Remain Firm On Tight Supply - ICO
=India's Tata Coffee Shelves Plan To Set Up Uganda Plant-Exec
=UPDATE:Kraft CEO: Right Time To Grow, With Cadbury Or Without
SUGAR
Cameroon Govt OKs Importation Of 10,000 Tons Sugar
India Mills Contract 968,857 Tons Raw Sugar Imports -Official
Mexico,Ctrl Amer,Colombia Cash Sugar: Little Trade In Quiet Mkt
ICE Price Dips Fails To Tempt Sugar Buyers In Brazil
ICE Sugar Review: Down; Hits 1 1/2-Week Lows On Spec Sales
COCOA
Brazil Cocoa Arrivals Dip To 31,015 Bags In Week To Oct 4
German 3Q Cocoa Grindings 98,315 Tons, Up 11.2% On Yr -Assoc
ICE Cocoa Review: German Grind, Techs Provide Support
COFFEE
Costa Rica 2009-10 Coffee Sales Dn 7.9% To Oct 2 To 568,989 Bags
Colombia Coffee Export Price $1.7410/Lb Wed Vs $1.7145/Lb Tue
India Amalgamated Bean Plans To Buy Europe Coffee Chain -Chmn
Brazil Oct 1-6 Green Coffee Exports At 127,088 Bags-Cecafe
India 09-10 Coffee Output Likely Above 300,000 Tons -Official
ICE Coffee Review: Inches Higher In Consolidation
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