From the FT we learn:
“We are in a dangerous situation,” Andrea Illy, chief executive of Italy’s leading coffee company, told the Financial Times, warning that prices could “explode” due to supply shortages.
His comments echo those of other industry players – and point to a sharp shift in sentiment among analysts.
Until recently, it was widely assumed [...]
Tags:
Diamonds, it seems, can once again be a girl’s best friend … even if your personal wealth hasn’t been growing by leaps and bounds. The FT reports that diamond prices have fallen by over 30% in the past year.
Pick yourself up a couple extra carats … I mean carrots
(Thanks deviantART)
Tags:
From ConfectioneryNews.com (where all serious bloggers should get their news).
And it wouldn’t be a post without a quote of some sort (emphasis mine):
In partnership with the UK’s Carbon Trust, Cadbury calculated that milk in their milk chocolate product contributes just over 60 per cent of carbon emissions, largely hailing from the dairy cows.
The average dairy [...]
Tags:
I previously published a chart mapping coffee and sugar prices. I published it for no other reason than to see if there was any correlation for two closely related items (at least closely related for me). I thought that a third item would be a worthwhile addition — milk, of course.
Since 2004, 3 [...]
Tags:
The FT has a nice piece by Javier Blas on how oil traders are making money in this environment of low-priced oil. To summarize: you have to be able to physically store oil.
From the article:
Mr Jensen said investment banks were joining oil companies and traders and entering into floating storage deals. Shipbrokers [...]
Tags:
Commodities are particularly fascinating to me, as well as the relationships between them. In this chart I map out the relationship between the prices of coffee and sugar nearby futures contracts. It would make sense, from a consumer point of view, that the two might be related — the more coffee is drunk, [...]
Tags:
The FT has some interesting stories in today’s news — not completely unrelated to the holiday season — about the price of cocoa and it’s impact on the chocolate industry.
The first noteworthy bit of news is that the price of cocoa is at a 23 year high due to “concerns about dwindling supplies from the [...]
Tags:
Loading ...