date:Jul 14, 2014
que, an importer in Fort Lauderdale, Florida.
Bigger masses of coffee are coming in during this month, roasters are off and people are drinking less coffee, Wolthers said in a telephone interview.
Arabica coffee for September tumbled 9.9 cents to close at $1.63 a pound at 1:53 p.m. on ICE Futures U.S. in New York, the biggest drop for a most-active contract since May 16. The price touched $1.628, the lowest since Feb. 20.
Cotton futures for December delivery declined 1.6 percent to 68.55 cent