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Barchart
Barchart
Rich Asplund

Coffee Prices Rebound on Technical Short-Covering

Ice BI Vietnam Brazil FAs StoneX

July arabica coffee (KCN26) today is up +3.70 (+1.40%), and July ICE robusta coffee (RMN26) is up +27 (+0.82%).

Coffee prices erased early losses today and moved higher as the three-week selloff pushed prices into heavily oversold territory, sparking technical buying and fund short-covering.

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