Coffee Futures Rises By 16% In The Last 21 Sessions

(VIANEWS) – Coffee (KC) has been up by 16.35% for the last 21 sessions. At 05:55 EST on Friday, 7 June, Coffee (KC) is $230.55.

Volume

Today’s last reported volume for Coffee is 4075, 80.61% below its average volume of 21021.96.

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

  • Crude oil attempts to shrug off supplies buildup, WTI claws back to $74. According to FXStreet on Wednesday, 5 June, "US Crude Oil tested into its lowest bids since February, and the upside is looking thin.", "Daily candlesticks closed in the red for the last five consecutive trading days, and meagre grains represent the best Crude Oil bidders can do."
  • According to FXStreet on Thursday, 6 June, "The upside of Oil prices could be limited as the US Energy Information Administration (EIA) Crude Oil Stocks Change showed that crude Oil inventories increased by 1.233 million barrels in the week ending May 31. "
  • According to FXStreet on Thursday, 6 June, "At the time of writing, Crude Oil (WTI) trades at $74.23 and Brent Crude at $78.60"
  • Crude oil extends recovery, WTI tests $75.50. According to FXStreet on Thursday, 6 June, "West Texas Intermediate (WTI) US Crude Oil recovered to $75.50 per barrel in thin market trading on Thursday, regaining recently-lost ground as energy traders try to shake off looming oversupply threats to focus on rising hopes of a Federal Reserve (Fed) rate cut in the third quarter.", "OPEC+ assured markets that the phase out would be data dependent, but energy markets still balked at the prospect of additional oversupply in global barrel markets, sending Crude Oil prices into the lowest levels since February."

More news about Coffee (KC).

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