iPath® DJ-UBS Coffee SubTR ETN
In the week ending June 30, Arabica and Robusta coffee prices rose week-over-week.
In this series, we’ll explore the price movements of five soft commodities—coffee, sugar, cocoa, orange juice, and cotton. Arabica coffee, which is considered superior in flavor and quality to Robusta coffee, has seen its futures price falling during the past six months.
Arabica front-month futures hit a fresh low last week (ended June 16), falling to $1.24 per pound from $1.26 per pound one week previously.
The talk about the commodities slump (USCI) is almost ubiquitous. It is hard to ignore the freefall most commodities (DBC) seem to have been in during the past year.