SOFTS-London cocoa prices rise, raw sugar also higher

Reuters
2025/12/29
SOFTS-London cocoa prices rise, raw sugar also higher

LONDON, Dec 29 (Reuters) - London cocoa futures were higher on Monday but still on track to post a large annual loss, while raw sugar and robusta coffee prices also rose.

COCOA

* London cocoa LCCc1 rose 0.7% to 4,246 pounds a metric ton by 1110 GMT.

* Weak demand, however, helped to limit the scope of the market's recovery with prices still on track to fall around 54% this year.

* Ivory Coast's cocoa grind fell 6.7% year-on-year in November to 56,696 metric tons of beans, data from exporters' association GEPEX showed on Friday.

* New York cocoa CCc1 lost 0.3% to $5,935 a ton.

SUGAR

* Raw sugar SBc1 was up 0.5% at 15.24 cents per lb.

* Dealers said speculators had scaled back a net short position during the run-up in prices from a five-year low of 14.04 cents in early November but the scope for further gains may be limited by ample supplies with a global surplus expected in the 2025/26 season (October/September).

* Sugarcane crushing in Brazil’s North and Northeast regions reached 32.5 million metric tons through November 30, a 9.4% drop versus the year-earlier period, industry group NovaBio said on Friday.

* White sugar LSUc1 fell 0.6% to $432.50 a ton.

COFFEE

* Robusta coffee LRCc2 gained 0.8% to $3,890 a ton.

* Dealers said the weather has been generally favourable for harvesting and drying of beans in top robusta producer Vietnam although farmers remain reluctant to sell given the current low level of prices.

* Arabica coffee KCc1 rose 0.1% to $3.5045 per lb.

(Reporting by Nigel Hunt; Editing by Kirsten Donovan)

((nigel.hunt@thomsonreuters.com; +44 (0) 7990 561421; Reuters Messaging: nigel.hunt.thomsonreuters.com@reuters.net/))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10