Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Market Chatter: Intercontinental Exchange Warehouses Could Receive Huge Volumes of Arabica Coffee

Market Chatter: Intercontinental Exchange Warehouses Could Receive Huge Volumes of Arabica Coffee

MT newswireMT newswire2026/09/11 14:31
10:31 AM EDT, 09/11/2026 (MT Newswires) -- Intercontinental Exchange (ICE) warehouses could receive huge volumes of arabica coffee from Brazil, with two trade majors processing the certification of their stocks, Reuters reported Friday, citing sources familiar with the matter. ICE Futures US runs the arabica coffee contract, and majors Olam and Louis Dreyfus are seeking to certify thousands of bags of coffee at the exchange in time for the December contract, sources told Reuters. Olam is processing up to 200,000 bags, according to the report. Coffee prices have been elevated amid declining ICE arabica stocks, which fell to 26-year lows, Reuters said, citing industry analysts. Intercontinental Exchange, Olam and Louis Dreyfus did not immediately respond to MT Newswires' requests for comments. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 157.71, Change: +1.90, Percent Change: +1.22
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

U.S. consumer confidence index falls more than expected, inflation expectations rise, Republican satisfaction hits lowest level during Trump's term

At the beginning of September, the consumer confidence index dropped from 51.7 in August to 47.8. Consumers' inflation expectations for the next year jumped from 4% to 4.6%. Most consumers anticipate that the Federal Reserve will raise interest rates within the next year, marking the first time since 2023. Only 35% of Republican respondents believe the government is performing well in economic management, the lowest reading since Trump's return to the White House last year.

华尔街见闻2026/09/11 16:17