Market Commentary: ·ICE Arabica Coffee Futures March contract opened 70 points lower today at 150.00 cents a pound, and is currently trading 75 points higher at 150.75 cents. ·LIFFE Robusta Coffee Futures January contract opened $8 higher today at $1,918 a ton, and is currently trading $16 lower at $1,902. ·Macro pressures, particularly the fiscal cliff and slow US manufacturing activity, are weighing on American stocks. ·Asian markets and commodities are also moving lower on the opening today. ·Spain will receive a 39.5 million euro bailout to stabilize its bank and Greece will have complete its debt buyback program by December 13 to receive Euro group aid.
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