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Softs

U.S. Cotton Exports Surge, Driven by Strong Demand from China

Export sales of U.S. upland cotton saw a significant boost for the week through April 11, with net sales reaching 146,100 running bales (RB), according to the weekly data released by the U.S. Department of Agriculture. This represents a 79% increase from the previous week and a

Nigeria Poised to Cash In on Cocoa Price Boom | New Telegraph

Nigerian cocoa exporters are poised to reap significant benefits from a surge in cocoa prices, as reported by New Telegraph. With global production experiencing a 10.9% decline, cocoa prices have skyrocketed to $10,030/ tonne in April 2024, and Nigerian exporters are expected to reap N3.2 trillion ($2.

Cocoa Prices Tumble on Demand Concerns | Barchart

As reported by Barchart, cocoa prices dropped significantly this morning due to worries that record-high prices might stifle global demand. May ICE NY cocoa (CCK24) fell -744 (-6.76%), and May ICE London cocoa #7 (CAK24) is down -559 (-6.09%). This comes after a recent surge in cocoa prices

Asia Sugar Market Faces Supply Constraints and Shifting Import Demand in Early 2024

The Asian sugar market enters 2024 navigating challenges posed by reduced sugarcane output and evolving import demand dynamics, according to a report by S&P Global. The report highlights the impact of El Niño on sugarcane production in key Asian countries. Thailand's cane crush and sugar production
Asia Sugar Market Faces Supply Constraints and Shifting Import Demand in Early 2024