Commodity traders stay bullish as Coffee adds $5.55 or 3.47%

Published: November 25 2022, 15:46 GMT+0

Commodity traders stay bullish as Coffee adds $5.55 or 3.47%

Arabica Coffee trades at $165.65 per pound after gaining $5.55 (3.47%).

A look at other Softs also shows upside as Cocoa is up 1.29% to $2,428.

Though the Coffee future is going up, other Softs are underperforming — Cotton is down to $82.24, losing $1.7, after closing at $83.94 in the preceding trading session. After ending yesterday's session at $19.55, Sugar lost 15 cents and is trading around $19.4.

Having set a significant high of $258.7 8 days ago, ICE Coffee is trading 4.85% lower.

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