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

Published: March 19 2023, 11:06 GMT+0

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

Friday at a glance: Coffee slides down 1.89% to close at $176.65 per pound Friday.

Coffee's value drop coincided with the fact that Cotton slides down 2.02% Friday and closed at $79.16. Sugar lost 0.43% Friday and closed at $20.76.

Positive performances can be seen by looking at other Softs markets as Cocoa added 1.86% and closed around $2,688 Friday.

After hitting an important low of $151.1 approximately 2 months ago, Coffee has bounced back 19.16% since.

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