Weather
Coffee, Sugar Extend Rally as Adverse Weather Fuels Supply Fears
Key Points
Coffee, Sugar Extend Rally as Adverse Weather Fuels Supply Fears Coffee and sugar futures extended gains in New York and London as unfavorable weather in key growing regions heightened supply concerns. The most-active arabica coffee contract rose as much as 3.1%, after posting its biggest intraday gain since 2021 a day earlier.
Coffee, Sugar Extend Rally as Adverse Weather Fuels Supply Fears
Coffee and sugar futures extended gains in New York and London as unfavorable weather in key growing regions heightened supply concerns.
The most-active arabica coffee contract rose as much as 3.1%, after posting its biggest intraday gain since 2021 a day earlier.