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Barchart
Barchart
Rich Asplund

Arabica Coffee Supported by Brazilian Real Strength

May arabica coffee (KCK26) today is up +3.10 (+1.05%), and May ICE robusta coffee (RMK26) is not trading today, with UK markets closed for the Easter Monday holiday.

Arabica coffee is moving higher today amid strength in the Brazilian real (^USDBRL).  The real rose to a 3.5-week high today, discouraging export sales from Brazil's coffee producers.  

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