Coffee futures decrease amid fears of oversupply

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Source: Forexpros

Coffee futures fell, approaching a year low on the fears over ample supply of the commodity while concerns on the unfavorable weather conditions in Colombia supported the commodity price. On the ICE Futures Exchange, Arabica coffee for delivery in March traded at USD2.2053 a pound at the European afternoon trade, losing 0.25% since opening.

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Wed, 21 Dec 2011 17:07:02 GMT

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