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Arabica coffee soars to 17-Week High

The December arabica-coffee contract on the ICE Futures U.S. exchange gained 8.25 cents, or 4.1%, to $2.0945 a pound, the highest settlement for the most actively traded contract since April 29. The increase was helped in part by a firm

Arabica coffee futures sink to lowest in more than seven years

Building on the relentless selling of the past three weeks, benchmark December arabica coffee futures on ICE settled down 1.9 percent at $1.015 per lb, having earlier touched $1.010, the lowest close for the most actively traded contract since Sept.