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Barchart
Barchart
Rich Asplund

Arabica Coffee Falls Back on Dollar Strength

arabica Ice Brazil Commitment of Traders United Kingdom United States USDA

July arabica coffee (KCN23) today is down -1.90 (-1.02%), and July ICE robusta coffee is not trading today, with markets in the UK closed for the May Day holiday.

Arabica coffee prices this morning are moderately lower and posted a 2-1/2 week low.  A stronger dollar today has weighed on most commodities, including coffee.  

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