Read more
XTB Online Trading

Coffee prices affected by Iota storms

11:18 AM 17 November 2020

Coffee prices are under pressure again as Hurricane Iota is set to have a devastating impact on crops in key coffee growing regions. Unfavourable weather conditions could cause a more expensive brew leading to coffee prices increase. Earlier this month Central America was already hit by Hurricane Eta which devastated the region. Yesterday coffee prices rose more than 4%.  

Coffee prices rose more than 4% yesterday on Hurricane Iota threats. Source: Bloomberg

Source: Bloomberg

Share:
Back

Market News

09.05.2025
18:54

Daily summary: Rebound on Wall Street stalls at the end of the week. Gold gains 1% on weaker US dollar

Wall Street indices retreat ahead of the official start of trade negotiations between China and the U.S. (S&P 500: -0.25%, DJIA: -0.4%, Nasdaq:...

 18:37

NATGAS surges 4.5% to 1-month high on lower output and solid demand 📈

Futures on US natural gas Henry Hub (NATGAS) surges today almost 5% to $3.80 per million btu, the highest since April 9. Traders appear increasingly...

 16:31

Mixed sentiments on Wall Street 🗽Tesla gains 6% despite weak sales data

Wall Street slips slightly during Friday’s session; the US30 pulls back by 0.3% Tesla shares rise over 6% on hopes for positive signals from...
More news

Join over 1 400 000 XTB Group Clients from around the world

Start trading Download the app Download the app
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits