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Barchart
Rich Asplund

Coffee Prices Fall on Abundant Supplies from Brazil

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December arabica coffee (KCZ26) closed down -3.65 (-1.25%) on Thursday, and November ICE robusta coffee (RMX26) closed down -62 (-1.78%).

Coffee prices settled sharply lower for a second day on Thursday amid signs of larger coffee supplies from Brazil. On Tuesday, Brazil’s Trade Ministry reported that Brazil’s Sep coffee exports jumped more than +20% y/y to 236,000 MT.

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