Coffee set for longest run of gains in 45 years on supply woes

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The story "Coffee set for longest run of gains in 45 years on supply woes" was covered 17 hours ago by Business Mirror, a news publisher based in Philippines.

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Coffee set for longest run of gains in 45 years on supply woes - Business Mirror

Quick Summary:

Coffee is headed for its longest winning streak since 1980, as the market grapples with persistent supply concerns in key growing regions.

Shortfalls in Brazil, the top arabica grower, continue to worry traders after record shipments earlier in the season means less supply availability now.

The chaos also led to a spike in lease rates for gold and silver — the return that holders of metal in London’s vaults can get by loaning it out on a short-term basis.