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Coffee Prices Rise on Technical Short Covering

December arabica coffee (KCZ26 ) is up +6.30 (+2.21%) today, and November ICE robusta coffee (RMX26 ) is up +31 (+0.88%)...

December arabica coffee (KCZ26 ) is up +6.30 (+2.21%) today, and November ICE robusta coffee (RMX26 ) is up +31 (+0.88%). Coffee prices recovered from early losses today and moved higher on technical buying. Fund short covering emerged today following a 3-week long selloff that pushed coffee prices into extremely...

SOURCE: Nasdaq
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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