Slips On Mild Retreat From Highs - DJ ICE Coffee Review
Jul 28, 2010

Nearby September coffee lost 0.40 cents, or 0.24%, to settle at $1.6560 a pound on ICE Futures U.S. in New York. September rallied 3% Friday, buoyed by tight supplies.

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Arabica Arabica coffee futures climbed to a new high Monday, on fund buying. The nearby contract for September delivery gained 320 points to close at 178.70 cents a pound.

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New York reversed yesterday's strong gains as selling in the spot September contract ahead of Monday's first notice day sent the spot spread to a 2010 low 2.90ยข discount.

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