Coffee Prices Rise as ICE Inventories Shrink
20/5 13:28
July arabica coffee (KCN26 ) on Tuesday closed up +5.95 (+2.25%), and July ICE robusta coffee (RMN26 ) closed up +39 (+1.18%). Coffee prices erased early losses on Tuesday and moved higher as the three-week selloff pushed prices into heavily oversold territory, sparking technical buying and fund short-covering. Also, ICE......