Coffee Closes Moderately Higher On Short Covering And Technical Buying

March arabica coffee (KCH23) on Friday closed up +2.75 (+1.65%), and Mar ICE robusta coffee (RMH23) closed up +59 (+2.96%). Coffee prices Friday extended their 2-week long rally, with arabica posting a 3-1/2 week high and robusta posting a 3-month high.

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