Slumping Coffee ETFs Look for Jolt at Key Technical Level
April 27, 2012 at 10:14 AM EDT
Exchange traded products indexed to coffee have been in free-fall since mid-2011 on rising supplies of the commodity and strong harvests, but prices are nearing a critical technical juncture and could finally be due for a bounce. Over the past year, coffee futures have declined more than 40%, notes...