As reported by «Market Leader» (US)
Coffee market: price correction is expected
Exchange news. As expected, coffee future started correctional decline during the second half of October. This is connected with the fact that the countries-coffee producers have started large-scale supplies into the port of importing countries. However, according to the official report of ICO, the stocks of coffee in countries-producers are falling. The stocks of Columbia, which is the second largest Arabica produce, have fallen by almost 50% from October 17 to October 18.