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Rich Asplund

Coffee Prices Sharply Lower on Brazil Rains and Robust Vietnam Exports

Ice Brazil United States Vietnam Conab FAs

December arabica coffee (KCZ25) on Thursday closed down -16.85 (-4.07%), and January ICE robusta coffee (RMF26) closed down -156 (-3.33%).

Coffee prices sold off sharply on Thursday, with robusta falling to a 1-week low. Forecasts of steady showers over the next week in Brazil have eased concerns over dry conditions and hammered arabica coffee prices.

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