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Outlook still gloomy for the coffee ETF

Posted on 30 August 2013

Broad commodities have made an impressive comeback after a steep fall earlier this year, and have caught enough investor interest of late. While the commodities in the precious and industrial space have rebounded from their lows or are even moving higher, soft commodities, in particular coffee, are still plunging.
In fact, the iPath Dow Jones-UBS Coffee Subindex Total Return ETN (JO) has been down more than 8% in the past one month, underperforming the broad PowerShares DB Agriculture Fund (DBA) and PowerShares DB Commodity Index Tracking Fund (DBC) by wide margins………………………………………..Full Article: Source


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VRS - who has written 39476 posts on Opalesque Commodities Briefing.


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