Why Coffee ETNs Surged This Week
April 04, 2014 at 16:17 PM EDT
Coffee exchange traded notes are perking up again as India, Asia’s third-largest grower, cuts its exports due to poor weather conditions. The iPath Dow Jones-UBS Coffee Total Return Sub-Index ETN (NYSEArca: JO) jumped 7.3% Friday while the iPath Pure Beta Coffee ETN (NYSEArca: CAFÉ) surged...