Losing streak continues: Coffee down 1.89%, closes at $176.65, making it the 5th consecutive day of losses

Published: March 19 2023, 07:25 GMT+0

Losing streak continues: Coffee down 1.89%, closes at $176.65, making it the 5th consecutive day of losses

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

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

Arabica Coffee's value drop coincided with the fact that Cotton is down to $77.56, losing $1.6, after ending the previous session around $79.16. Sugar is down to $20.67, losing 9 cents, after ending the previous session around $20.76.

Though Coffee has been dropping, other Softs have been performing better: Cocoa added 1.86% and closed around $2,688 Friday.

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