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Coffee Futures Over 5% Down In The Last 10 Sessions

ViaNews Editorial Team

October 11, 2024

Coffee Futures Over 5% Down In The Last 10 Sessions
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(VIANEWS) - Coffee (KC) has been up by 5.42% for the last 10 sessions. At 08:52 EST on Friday, 11 October, Coffee (KC) is $254.75.

Volume

Today's last reported volume for Coffee is 4302, 79.48% below its average volume of 20966.18.

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 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"
  • Crude oil turns flat this week after Thursday’s recovery. According to FXStreet on Friday, 11 October, "At the time of writing, Crude Oil (WTI) trades at $74.74and Brent Crude at $78.59"
  • 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. "

More news about Coffee (KC).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.