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Don’t be fooled by the coffee ETF’s surge

Posted on 08 January 2014

The commodity markets saw a choppy 2013, with soft commodities - coffee in particular - lacking luster. A supply glut resulted in a 20% decline in the price of the commodity last year. This is, in fact, the third consecutive year of negative performance from coffee.
However, toward the beginning of last month, the robusta variety of coffee saw some strength. The upside can be partially attributed to the seasonal demand pattern, wherein the cold December month usually gives coffee prices a boost………………………………………..Full Article: Source


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VRS - who has written 38584 posts on Opalesque Commodities Briefing.


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