Soaring Margins Spark Long Liquidation in Coffee Futures

Written on 12/04/2024
Rich Asplund

March arabica coffee (KCH25 ) today is down -22.40 (-7.04%), and January ICE robusta coffee (RMF25 ) is down -494 (-9.13%). Coffee prices today have sold off sharply to 1-week lows. Long liquidation pressures weighed on coffee prices today after J. Ganes Consulting said that keeping a large amount of...Cup of roasted coffee beans on pile by Negative-Space via Pixabay