Fundamental Analysis of the Coffee & Sugar Markets
Coffee is a wildly volatile commodity. Thunderstorms in Brazil can easily lead to higher prices at home - wherever that may be.
It's the worlds most consumed beverage and the worlds second most heavily traded commodity, with trading exchanges ranging from the New York Board of Trade (owned by ICE) to the Kansai Commodities Exchange in Osaka, Japan to the Singapore Commodities Exchange as well as Euronext in London.
A lot had to happen for you to get that last cup of coffee or shot of espresso, whether you know it or not.
That being said, the "behind the scenes" for the worlds most consumed beverage is fascinating, to say the least.
Coffee doesn't just connect us locally at the shop around the corner on a Saturday afternoon or in your kitchen first thing on a Monday morning. It connects us globally, 24 hours a day.
A couple quick reads below and you'll impress your friends with your newfound coffee (and sugar) knowledge the next time you get together for a shot.
(via The Intercontinental Exchange ICE)