|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||31.30 - 31.74|
|52 Week Range||30.69 - 49.03|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.45%|
Barclays Bank PLC announced a temporary reduction of the minimum early redemption size of certain series of ETNs as specified in the table below .
Coffee has fallen below a dollar a pound to trade close to its lowest level in more than a decade, but a global glut that pushed prices down for the past two years may finally come to an end in 2019.
Coffee prices and related exchange traded note perked up Thursday as Brazilian farmers grow increasingly worried over the prospects of a record robust-coffee harvest in face of blazing heat withering the crops. The iPath Series B Bloomberg Coffee Subindex Total Return ETN (JO) increased 3.9% on Thursday while ICE coffee futures rose 3.7% to $1.0590 per pound. Robust beans, which are used in instant coffee and espresso, are suffering under unrelenting heat across Espirto Santo and Bahia, Brazil as average temperatures this month are as many as 8 degrees Celsius, or 14 degrees Fahrenheit, above the average in the main producing states, Bloomberg reports.
Coffee prices and related exchange traded note perked up Friday after the Brazilian government projected this year's coffee crop would experience a significant decline from last year's record harvest. The iPath Series B Bloomberg Coffee Subindex Total Return ETN (JO) increased 2.6% on Friday while ICE coffee futures rose 2.5% to $1.0495 per pound. Brazil, the world's largest grower of coffee, anticipates its coffee crop to total between 50 million and 55 million 60 kilogram bags, or a 15% decline from the previous year's record harvest of 62 million, the Financial Times reports.