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The Latest Breaking News from Ice

Cocoa Prices Recover Early Losses as Supplies Tighten

Dec ICE NY cocoa (CCZ23 ) on Tuesday closed +4 (+0.11%), and Dec ICE London cocoa #7 (CAZ23 ) closed +22 (+0.74%). Cocoa prices Tuesday closed moderately higher, with NY cocoa recovering from a 4-week low. Short-covering in cocoa futures emerged Tuesday on signs of ever-tighter supplies after ICE-monitored cocoa...

Barchart

Coffee Prices Settle Higher on Dry Conditions in Brazil

Dec arabica coffee (KCZ23 ) on Tuesday closed up +2.05 (+1.38%), and Nov ICE robusta coffee (RMX23 ) closed up +13 (+0.53%). Coffee prices Tuesday closed moderately higher on concerns that excessive dryness in Brazil will hamper the country's coffee production. Updated weather forecasts removed rain for Brazil this week....

Barchart

Coffee Prices Push Higher on Dry Conditions in Brazil

Dec arabica coffee (KCZ23 ) this morning is up +1.60 (+1.08%), and Nov ICE robusta coffee (RMX23 ) is up +5 (+0.20%). Coffee prices this morning are moderately higher on concerns that excessive dryness in Brazil will hamper the country's coffee production. Updated weather forecasts removed rain chances for Brazil...

Barchart

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FBI’s Improper Use Of Facial Recognition Tech Sparks Privacy Concerns

Lack of training and safeguards raises civil liberties issues, says GAO report

Zenger

Coffee Prices Close Lower on Brazilian Real Weakness

Dec arabica coffee (KCZ23 ) on Monday closed down -2.35 (-1.55%), and Nov ICE robusta coffee (RMX23 ) closed down -18 (-0.73%). Coffee prices Monday posted moderate losses, with arabica falling to a 2-week low due to weakness in the Brazilian real. The real (^USDBRL ) Monday fell to a...

Barchart

Coffee Prices Drop on Weakness in the Brazilian Real

Dec arabica coffee (KCZ23 ) this morning is down -2.30 (-1.52%), and Nov ICE robusta coffee (RMX23 ) is down -11 (-0.45%). Coffee prices this morning are under pressure, with arabica falling to a 2-week low due to weakness in the Bazilian real. The real (^USDBRL ) today fell to...

Barchart

Forecasts for Rain in Brazil Weigh on Coffee Prices

Dec arabica coffee (KCZ23 ) on Friday closed down -3.70 (-2.39%), and Nov ICE robusta coffee (RMX23 ) closed down -3 (-0.12%). Coffee prices Friday posted moderate losses, with arabica falling to a 1-week low. Forecasts for rain in Brazil have eased drought concerns and sparked long liquidation in coffee...

Barchart

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Arabica Coffee Prices Fall Back on Forecasts for Rain in Brazil

Dec arabica coffee (KCZ23 ) this morning is down -4.10 (-2.65%), and Nov ICE robusta coffee (RMX23 ) is up +2 (+0.08%). Coffee prices this morning are mixed, with arabica falling to a 1-week low. Forecasts for rain in Brazil have eased drought concerns and sparked long liquidation in coffee...

Barchart

Tesla Model 3 Catches Fire In New Jersey, Reignites Multiple Times

Incident highlights rare occurrence of Tesla fires and challenges with EV battery chemistry.

Zenger

Coffee Prices Retreat as Sentiment Sours Toward Risk Assets

Dec arabica coffee (KCZ23 ) on Thursday closed down -3.35 (-2.12%), and Nov ICE robusta coffee (RMX23 ) closed down -44 (-1.75%). Coffee prices retreated Thursday on a broader selloff in risk assets after the Federal Reserve signaled higher interest rates for longer following Wednesday's FOMC meeting. Weakness in the...

Barchart

Why delaying the ban on petrol and diesel cars won't slow UK's shift to electric vehicles

The UK has delayed its ban on the sale of new cars which burn petrol or diesel in internal combustion engines (ICE) from 2030 to 2035.

The Conversation

Coffee Prices Fall Amid a Broad Selloff in Risk Assets

Dec arabica coffee (KCZ23 ) this morning is down -3.10 (-1.96%), and Nov ICE robusta coffee (RMX23 ) is down -50 (-1.99%). Coffee prices are retreating today on a broader selloff in risk assets after the Federal Reserve signaled higher interest rates for longer following Wednesday's FOMC meeting. Weakness in...

Barchart

Coffee Prices Close Lower as Supply Concerns Temporarily Ease

Dec arabica coffee (KCZ23 ) on Wednesday closed down -2.75 (-1.71%), and Nov ICE robusta coffee (RMX23 ) closed down -32 (-1.26%). Coffee prices on Wednesday posted moderate losses. Arabica prices came under pressure Wednesday after Conab, Brazil's crop forecasting agency, raised its 2023 Brazil arabica coffee crop estimate to...

Barchart

Ford Doesn't Want UK To Delay 2030 Combustion Engine Ban For New Vehicles [UPDATE]

A bump to 2035 matches the EU deadline, but Ford's UK boss says the delay undermines the EV transition.

Motor1

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Motor1

Hyundai Casper Tiny EV Spied In Europe Hiding Funky Styling

The diminutive electric car was being benchmarked against the Fiat 500 and VW e-up!

InsideEVs

Electric Go-Kart You Can Buy Hits 100+ MPH, Sets Speed Record

Drawing juice from a 5.4 watt-hours (56 amp-hours) swappable battery pack, the 265-pound (120-kilogram) kart was piloted by Swedish driver Leo Obrant.

Motor1

UK Contemplating Pushing Back New ICE Car Ban to 2035

Prime Minister Rishi Sunak is expected to announce a change in the policy, which is planned to go into effect in 2030.

Barchart

Cocoa Prices Resume Strength

Dec ICE NY cocoa (CCZ23 ) on Tuesday closed +21 (+0.58%), and Dec ICE London cocoa #7 (CAZ23 ) closed +21 (+0.58%). Cocoa prices Tuesday recovered moderately after the heavy long liquidation pressure that forced cocoa prices sharply lower on Monday. ICE-monitored cocoa inventories held in U.S. ports have steadily...

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The Guardian - US

US homeland security reverses support for Ice detainee’s sexual assault claims

Department of Homeland Security’s decision reversal makes Guatemalan native Andres Domingo no longer eligible for a visa

Barchart

NY Coffee Prices Higher on Forecasts for Hot and Dry Brazilian Weather

Dec arabica coffee (KCZ23 ) today is up +1.85 (+1.16%) after posting a new 1-1/2 month high, while Nov ICE robusta coffee (RMX23 ) is down -1 (-0.04%). Coffee prices continue to see support from forecasts for hot and dry weather this week in Brazil's central and southeast areas. Also,...

Barchart

Cocoa Prices Fall Back on Long Liquidation Pressure

Dec ICE NY cocoa (CCZ23 ) on Monday closed down -136 (-3.62%), and Dec ICE London cocoa #7 (CAZ23 ) closed down -90 (-2.88%). Cocoa prices Monday fell on long liquidation pressure sparked by a risk-off environment in the asset markets ahead of this week's FOMC meeting. Cocoa prices have...

Barchart

Coffee Prices Higher on Forecasts for Hot and Dry Brazilian Weather

Dec arabica coffee (KCZ23 ) today is up +0.60 (+0.38%), and Nov ICE robusta coffee (RMX23 ) is up +35 (+1.37%). Coffee prices are higher today on forecasts for hot and dry weather this week in Brazil's central and southeast areas. Also, strength in the Brazilian real (^USDBRL) is bullish...

Barchart

Coffee Rallies Sharply on Brazilian Real Strength and Tight Global Supplies

Dec arabica coffee (KCZ23 ) on Friday closed up +5.15 (+3.34%), and Nov ICE robusta coffee (RMX23 ) closed up +61 (+2.44%). Coffee prices Friday rallied sharply higher and posted 5-week highs. Strength in the Brazilian real (^USDBRL ) is bullish for coffee prices as the real rallied to a...

Barchart

Shrinking Global Output Pushes Cocoa Prices Higher

Dec ICE NY cocoa (CCZ23 ) on Friday closed +27 (+0.72%), and Dec ICE London cocoa #7 (CAZ23 ) closed +14 (+0.45%). Cocoa prices Friday settled moderately higher, with Dec NY cocoa posting a contract high and Dec London cocoa posting a record nearest-futures high. Cocoa prices have trended higher...

Barchart

Brazil Real Strength and Tight Global Supplies Boost Coffee Prices

Dec arabica coffee (KCZ23 ) this morning is up +4.75 (+3.08%), and Nov ICE robusta coffee (RMX23 ) is up +53 (+2.08%). Coffee prices this morning are sharply higher and posted 5-week highs. Strength in the Brazilian real (^USDBRL ) is bullish for coffee prices as the real rallied to...

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