NEW YORK, Mar 29 (Reuters): Arabica coffee futures rose slightly on Friday on ICE but posted a 3% weekly loss, while raw sugar prices fell to a two-week low.
Arabica coffee settled up 1.15 cent, or 0.3%, at $3.7995 per lb.
Dealers said showers in Brazil coffee areas could aid cherry growth although more rain is needed. There are also concerns that demand may be weakening as retail prices climb.
Arabica certified stocks could increase in coming days as around 50,000 bags showed up at the exchange to be graded.
Robusta coffee was little changed at $5,354 a tonne.
Meanwhile, raw sugar settled down 0.13 cents, or 0.7%, at 18.96 cents per lb, after hitting a two-week low of 18.91 cents.
Arabica coffee posts 3pc weekly loss
FE Team | Published: March 29, 2025 22:27:51
Arabica coffee posts 3pc weekly loss
Share if you like