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Barchart
Barchart
Rich Asplund

Coffee Prices Climb on Brazilian Real Strength

September arabica coffee (KCU26) on Wednesday closed up +0.65 (+0.20%), and September ICE robusta coffee (RMU26) closed up +62 (+1.61%).

Coffee prices settled higher on Wednesday amid a stronger Brazilian real (^USDBRL). The real climbed to a 4-week high against the dollar on Wednesday, discouraging export sales from Brazil’s coffee producers.

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