Commodity ETF Roundup: Coffee Buzz and Base Metals

 |  Includes: DBB, JJM, JJN, JO
by: Tom Lydon

The $53 million iPath Dow Jones-UBS Coffee Subindex Total Return ETN (NYSEArca: JO) was among the largest percentage gainers Thursday morning, rising nearly 3% as traders sipped their morning java.

The coffee-futures exchange traded note entered Thursday’s trading with a gain of more than 10% so far this year.

Base metals exchange traded funds (ETFs) tacked on more gains following Wednesday’s rally.

The iPath Dow Jones-UBS Base Metals Subindex Total Return ETN (NYSEArca: JJM) and iPath Dow Jones-UBS Nickel Subindex Total Return ETN (NYSEArca: JJN) were both up over 2% in morning action Thursday.

PowerShares DB Base Metals Fund (NYSEArca: DBB)