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Rich Asplund

Coffee Prices Pressured by Brazilian Real Weakness

Ice Brazil arabica FAs Vietnam

March arabica coffee (KCH26) on Wednesday closed down -4.25 (-1.18%). March ICE robusta coffee (RMH26) closed up +2 (+0.05%).

Coffee prices were under pressure on Wednesday due to weakness in the Brazilian real. The real (^USDBRL) dropped to a 1-week low against the dollar on Wednesday, encouraging export sales by Brazil's coffee producers.

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