London robusta coffee futures bounced back after Monday's lows to finish with strong gains on Tuesday, but traders said the market could suffer further setbacks in the next few days.
Front-month Liffe November closed at $624 a tonne, up $17 after moving 3,116 lots between $625 and $607.
"The market is taking a breather from the recent decline. It's unsure if future fund-led selling is going to come," a dealer said. "If New York weakness continues that could have a knock on effect on London."
A break through the psychological $600 level could set off sell-stops, he added.
Total turnover for the day was 7,231 lots.
In fundamental news, Russia's coffee market has entered a period of sustained growth after several years of rapid development as consumers switch to expensive roast and ground coffee from instant, industry officials told Reuters in Moscow on Tuesday.
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