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Coffee, Sugar Extend Rally as Adverse Weather Fuels Supply Fears

Coffee, Sugar Extend Rally as Adverse Weather Fuels Supply Fears
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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.
New York (LOCATION) London (LOCATION)
Originally published by Bloomberg Markets Read original →