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SOFTS-Arabica Coffee Extends Recovery From 3-Month Lows

From: m.in.investing.com

Arabica coffee futures on ICE (NYSE:ICE) extended their recovery from recent three month lows on Thursday, though worries over excess supplies remain, capping the upside.

* December arabica coffee KCc2 was up 0.45 cents, or 0.45%, at 97.05 cents per lb at 1339 GMT.

* The benchmark second position had dipped to a three-month low of 93.40 cents on Tuesday amid a stronger Brazilian real and expectations of a smaller Brazilian coffee crop next year.

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