Benchmark coffee futures ended down 2.2 percent Tuesday, pressured by weak technical signals after speculators failed to nudge the active contract above the previous session's peak trade, market sources said.
The New York Board of Trade's benchmark May arabica contract shed 2.40 cents to settle at $1.0705 a lb, near the bottom of a trading range from $1.0690 to $1.1070 - this week's top trade and the loftiest price in about a month.
Among other arabicas, July fell 2.40 cents to end at $1.0995 and back-month contracts lost 2.15 to 2.35 cents.