ICE Coffee Slides; Sell Stops Triggered
[Dow Jones] - ICE Dec arabica coffee is down 290 points at $1.3790 a pound after touching a 3 1/2-week low as sell stops were sparked. March is off 280 points. "I'm looking for prices to rise this fall but for now the other markets are hurting us," a New York desk trader says. The CRB Index slid to its lowest level since December Thursday.
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Labels: coffee market
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