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Rich Asplund

Ample Brazil Coffee Supplies Weigh on Prices

Brazil Ice USDA Vietnam ICO

December arabica coffee (KCZ26) is down -3.55 (-1.21%) today, and November ICE robusta coffee (RMX26) is down -58 (-1.66%).

Coffee prices are under pressure for a second day today on signs of larger coffee supplies from Brazil. On Tuesday, Brazil’s Trade Ministry reported that Brazil’s Sep coffee exports jumped more than +20% y/y to 236,000 MT.

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