Losing streak continues: Arabica Coffee down $3.4, closed at $176.65 adding to its five days of losses

Published: March 19 2023, 16:01 GMT+0

Losing streak continues: Arabica Coffee down $3.4, closed at $176.65 adding to its five days of losses

A quick look at Friday: Coffee goes down 1.89% to close at $176.65 per pound Friday.

ICE Coffee's value drop coincided with the fact that Cotton lost 2.02% Friday and closed at $79.16. Sugar is down to $20.67, losing 9 cents, after ending the previous session around $20.76.

Positive performances can be seen by looking at other Softs markets as Cocoa is trading around $2,738 after ending Friday's session at $2,688 (up 1.86% today).

ICE Coffee hit a significant low of $151.1 around 2 months ago, but has since recovered 19.16%.

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