Coffee Futures Over 7% Up In The Last 21 Sessions

(VIANEWS) – Coffee (KC) has been up by 7.9% for the last 21 sessions. At 05:53 EST on Tuesday, 24 September, Coffee (KC) is $265.75.

Volume

Today’s last reported volume for Coffee is 2115, 90.06% below its average volume of 21296.86.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was 0.14%, 0.23%, and 2.95%, respectively.

Coffee’s highest amplitude of average volatility was 2.18% (last week), 1.89% (last month), and 2.95% (last quarter), respectively.

News about

  • According to FXStreet on Monday, 23 September, "West Texas Intermediate (WTI) US Crude Oil prices have recovered over 10.5% bottom-to-top since September 10’s bottom bids of $64.75, the key commodity’s lowest prices since May of 2022. "
  • According to FXStreet on Tuesday, 24 September, "This is seen underpinning demand for USD-denominated commodities and lending some support to Crude Oil prices.", "The aforementioned mixed fundamental backdrop warrants some caution before placing aggressive directional bets around Crude Oil prices as traders opt to wait for more cues about the Fed’s rate-cut path. "
  • Crude oil prices remain buoyed by geopolitical concerns while European economy enters doom scenario. According to FXStreet on Monday, 23 September, "At the time of writing, Crude Oil (WTI) trades at $71.59 and Brent Crude at $74.41"

More news about Coffee (KC).

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