Coffee Higher By 3%

March Coffee has moved higher to trade near 170.00. Buying has drifted near two-day lows. Traders should expect wide range trading that is typical of market participants pricing in the year-end levels. In other Soft Commodity Markets: March Cotton is trading lower at 60.40, down 1.58, and March Orange Juice is steady, trading at 139.85. March Cocoa is down 63, trading at 2911. Sugar is weaker, near the contract lows trading at 14.55.