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iPathA Series B Bloomberg Coffee Subindex Total Return ETN
With government-mandated quarantines and stay-at-home orders in force around the world, traders worry that coffee could experience another big supply shock. As we'll discuss in this report, this is one of the biggest short-term drivers for coffee right now and it should continue to keep prices buoyant in the near term.
In several major coffee-growing regions of the world, the transportation industry is being significantly impacted by coronavirus lockdowns. As would be expected, both truck and ship transporters are being slowed by the quarantines, and this is keeping an already tight supply of beans from