Grace Gitau
Soft Commodities Reporter at Bloomberg News
Proudly Kenyan. Journalist @Bloomberg, Covering everything Coffee, Sugar, Cocoa & Cotton Ex-Reporter @NationAfrica Alumni @MundusJourn Views are my own!
Articles
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1 week ago |
bloomberglinea.com | Grace Gitau |Ilena Peng
Bloomberg — El café subió después de que el presidente estadounidense, Donald Trump, pusiera en pausa la mayor parte de sus amplias subidas de aranceles, aliviando las preocupaciones sobre la economía mundial y una demanda más débil. Los futuros de la variedad robusta utilizada en las bebidas instantáneas subieron hasta un 5,1% en Londres, mientras que la variedad arábica favorecida en las cervezas especiales repuntó hasta un 5,7% en Nueva York.
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2 weeks ago |
bloomberg.com | Grace Gitau |Ilena Peng
(Bloomberg) -- Coffee futures climbed after US President Donald Trump paused most of his sweeping tariff hikes, easing worries over the global economy and weaker demand. Futures for the robusta variety used in instant drinks gained as much as 5.1% in London, while the arabica variety favored in specialty brews rallied as much as 5.7% in New York. Still, prices remain below where they were before tariffs were announced.
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3 weeks ago |
bloomberglinea.com | Grace Gitau |Baudelaire Mieu
Bloomberg — El principal productor de cacao, Costa de Marfil, elevó el precio que paga a los agricultores por sus granos en medio de las expectativas de una menor cosecha, reduciendo ligeramente la diferencia con el mercado mundial. Fijó el precio en explotación para la cosecha intermedia que comienza el 2 de abril en 2.200 francos CFA (US$3,62) el kilogramo, declaró en Abiyán el ministro de Agricultura, Kobenan Kouassi Adjoumani. La tarifa, equivalente a US$3.620 la tonelada.
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3 weeks ago |
bloomberglinea.com.br | Baudelaire Mieu |Grace Gitau
Bloomberg — A Costa do Marfim, maior produtora de cacau, aumentou o preço que paga aos agricultores por suas amêndoas em meio às expectativas de uma safra menor, o que reduz ligeiramente a diferença em relação ao mercado global. A Costa do Marfim estabeleceu o preço de porteira para a safra intermediária que começa em 2 de abril em 2.200 francos CFA (US$ 3,62) o quilo, disse o Ministro da Agricultura Kobenan Kouassi Adjoumani em Abidjan.
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3 weeks ago |
bloomberg.com | Grace Gitau |Baudelaire Mieu
Top cocoa grower Ivory Coast raised the price it pays farmers for their beans amid expectations for a smaller harvest, slightly narrowing the gap to the global market. It set the farmgate price for the mid-crop that starts on April 2 at 2,200 CFA francs ($3.62) a kilogram, Agriculture Minister Kobenan Kouassi Adjoumani said in Abidjan. The rate — equal to $3,620 a ton — compares with 1,800 CFA francs for the much larger main crop that just ended.
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The threat of a coming squeeze in Europe’s coffee supplies is stoking volatility as traders worry that a new law to protect forests will curb imports https://t.co/euoTKHBEpE via @markets
RT @business: A new law tracing the origin of cocoa beans threatens to jolt the prices of chocolate, skin-care products and herbal medicine…
Ivory Coast stops a tax incentive for cocoa grinders as it tries to meet the terms of an IMF loan program, dealing a blow to foreign companies that make up the majority of domestic processing. https://t.co/dEstnvyrwp
