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Rich Asplund

Coffee Prices Retreat on Increased Supplies and Suspect Demand

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July arabica coffee (KCN25) today is down -11.05 (-2.94%), and July ICE robusta coffee (RMN25) is down -120 (-2.34%).

Coffee prices today are sharply lower, with arabica falling to a 3-week low and robusta dropping to a 5-week low on increased supply and doubts about demand.

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