Coffee Futures Slides By 9% In The Last 10 Sessions

(VIANEWS) – Coffee (KC) has been up by 9.03% for the last 10 sessions. At 05:51 EST on Thursday, 10 October, Coffee (KC) is $248.95.

Volume

Today’s last reported volume for Coffee is 1140, 94.58% below its average volume of 21068.27.

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 Thursday, 10 October, "The intraday uptick, however, lacks bullish conviction amid recovering Crude Oil prices, which tend to underpin the commodity-linked Loonie, and ahead of the latest US consumer inflation figures.", "This raises worries about supply disruptions from the Middle East, which, along with a spike in fuel demand on the back of a major storm in Florida, assists Crude Oil prices to build on the overnight bounce from a one-week low. "
  • Crude oil finds support as market focus shifts back to supply. According to FXStreet on Wednesday, 9 October, "At the time of writing, Crude Oil (WTI) trades at $71.43and Brent Crude at $75.32"

More news about Coffee (KC).

Leave a Reply

Your email address will not be published. Required fields are marked *