(Bloomberg) Robusta coffee’s biggest plunge in half a decade took hedge funds by surprise.The beans, used in instant coffee, are heading for the largest five-day slide since July 2011 in London. The drop began a day after hedge funds were near the most bullish on record and has continued even as a technical measure indicated prices were oversold.
Robusta Coffee Extends Plunge That Caught Hedge Funds Unaware
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