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Rich Asplund

Arabica Coffee Pressured on Hopes the Strait of Hormuz to Soon Reopen

Ice Strait of Hormuz Brazil United States FAs Vietnam StoneX

July arabica coffee (KCN26) today is down -5.30 (-1.83%), and July ICE robusta coffee (RMN26) is up +12 (+0.36%).

Coffee prices are mixed today. Optimism that the US-Iran war could soon end and reopen the Strait of Hormuz is weighing on coffee prices today.

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