Coffee Sits Near Lows

From seekingalpha.com

Summary

Coffee and sugar have been under intense selling pressure.

The Brazilian real weighed on prices.

Sugar bounces from the low.

Coffee could be next.

Demand limits losses in the coffee futures market.

The price of Arabica coffee beans that trade on the Intercontinental Exchange has been under selling pressure since November 2016 when the price reached a high of $1.76 per pound.

Read more

To Top