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Monday, February 06, 2006

Coffee Spills To One Month Lows:

Coffee spills to one month lows: Bullish Coffee traders are starting throw in the towel on their long positions, as prices plunge to 4-week lows today. Sell-stops were triggered once the March contract fell below 114.80, the recent lows. Commodity funds were seen to be holding a sizable long position of 23,699 contracts, as of the most recent Commitment of Traders report. Read More....