·ICE Arabica futures March contract opened 15 points lower at 150.55 cents a pound
and is currently trading even lower at 148.50 cents, after making a new low of
·LIFFE Robusta futures January contract opened 5 points lower at $1,854 a ton and is
currently trading even lower at $1,840, after making a new low of
·Support from the robust opening of the US shopping season has buoyed Asian stock
markets this morning.
·Colombia will increase subsidies for coffee growers from 11 dollars per 125 kg load to
33 dollars, effective when the price drops below 357 dollars.
·Spain’s cohesion will be an issue for implementing austerity measures with Catalonia
voters electing separatist parties.
·European stock markets are mostly unchanged ahead of Euro finance ministers meeting to
strike a deal on Greece’s next loan..
·Israel and Hamas are holding to their truce, and oil is down on Monday.