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Barchart
Rich Asplund

Coffee Prices Close Lower on Brazilian Real Weakness

Ice Brazil Vietnam El Nino ICO the US Climate Prediction Center USDA FAS

Dec arabica coffee (KCZ23) on Monday closed down -2.35 (-1.55%), and Nov ICE robusta coffee (RMX23) closed down -18 (-0.73%).

Coffee prices Monday posted moderate losses, with arabica falling to a 2-week low due to weakness in the Brazilian real.  The real (^USDBRL) Monday fell to a 2-week low against the dollar, encouraging export selling by Brazil's coffee producers.  

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