Coffee ETNs Could Have More Room to Run
May 15, 2014 at 13:46 PM EDT
After pulling back this month on an uptick in Brazilian exports, coffee futures and related exchange traded notes surged Thursday as an analyst warns of continued tight supply ahead. The iPath Dow Jones-UBS Coffee Total Return Sub-Index ETN (NYSEArca: JO) rose 5.3% Thursday, testing its 50-day...