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Pastimes : JAVC - Java Centrale

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To: Andrew who wrote (66)2/19/1997 6:50:00 AM
From: David Haith   of 279
 
I saw this on Reuters and though it would be interesting.

Coffee prices tumbled Tuesday as a week-old strike ended in Colombia and sparked a wave of profit-taking by speculators. After soaring last week to the highest level in almost two years, prices weakened from the outset after union leaders and government officials reached a deal to end the strike in Colombia, the world's second largest producer. Coffee for May delivery fell 9.75 cents to 157.25 cents a pound at the Coffee, Sugar, and Cocoa Exchange in New York. Corn prices rose sharply boosted by heavy buying by investment funds. Heating oil fell amid forecasts for higher-than-normal temperatures in the Northeast.

David
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