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Barchart
Barchart
Rich Asplund

Coffee Prices Pressured by an Improving Supply Outlook

Ice Brazil United States FAs Vietnam

March arabica coffee (KCH26) today is down -0.05 (-0.01%), and January ICE robusta coffee (RMF26) is down -14 (-0.37%).

Coffee prices have sold off sharply over the past two weeks and posted 4-month lows today.  However, prices recovered from their worst levels as a weaker dollar sparked some mild short covering in coffee futures.

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