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On Wednesday, coffee prices settled higher as Brazil encountered a tightness in supply, extending this week’s rally. US coffee futures for March delivery soared by 3.43% to $2.71 per pound
On Tuesday, cocoa prices skyrocketed amid forecasts of arid weather in West Africa and dwindling stockpiles in Intercontinental Exchange (ICE) warehouses. US cocoa futures for March rose sharply by 7.25%
On Monday, oil prices nosedived after US President-elect Donald Trump revealed his list of candidates for the next administration’s Energy Secretary. West Texas Intermediate (WTI) December crude futures plummeted by
On Friday, copper prices tumbled due to mounting skepticism regarding Beijing’s newest fiscal stimulus’s ability to spur economic recovery in China. US copper futures for December delivery plunged by 2.83%
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