Summary Box: Coffee slips on supply questions

AP News
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Posted: Mar 22, 2011 3:57 PM
Summary Box: Coffee slips on supply questions

COFFEE TALK: Coffee prices slipped on speculation that some growers may sell their stockpiles, which could ease tight global supplies. Many producers have been holding their supplies in hopes of selling at higher prices.

OIL MOVES: Oil settled just shy of $105 a barrel as traders focused on developments in the Middle East and North Africa as well as Japan's recovery. The events could tighten global supplies as consumption is expected to increase.

MIXED METALS: Gold, silver and copper all rose while palladium and platinum fell slightly.