Coffee Prices Rebound on Technical Short-Covering
20/5 01:28
July arabica coffee (KCN26 ) today is up +3.70 (+1.40%), and July ICE robusta coffee (RMN26 ) is up +27 (+0.82%). Coffee prices erased early losses today and moved higher as the three-week selloff pushed prices into heavily oversold territory, sparking technical buying and fund short-covering. Coffee prices initially moved......