US coffee futures rose Wednesday for the second consecutive session amid lingering worries about supply tightness and damage to coffee storage and roasting facilities in hurricane-stricken Louisiana.
The New York Board of Trade's washed-arabica contract for December delivery rose 3.05 cents, or 3.1 percent, to settle at $1.0105 cents a lb, after initially surging to a one-week high $1.03 a lb at the start of trading. March arabica advanced 2.95 cents to $1.0440 cents a lb, and back month contracts advanced 1.20 to 2.95 cents.
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