Coffee Futures Bearish By 4% In The Last 10 Sessions

(VIANEWS) – Coffee (KC) has been up by 4.33% for the last 10 sessions. At 04:53 EST on Wednesday, 14 February, Coffee (KC) is $185.55.

Today’s last reported volume for Coffee is 1677, 91.89% below its average volume of 20697.39.

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.

Crude oil remains well-bid after last week’s gains on middle east tensions, WTI tests $77. According to FXStreet on Monday, 12 February, "Energy markets are keeping prices on the high side heading into the new week, but it’s getting difficult for barrel investors to keep attention off of record Crude Oil production in the US.", "OPEC has faced an uphill climb in recent months as OPEC production caps get washed out by US Crude Oil production continuing to climb into record highs as the US further cements itself as the world’s largest Crude Oil producer."

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