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Rich Asplund

Coffee Prices Sink as Brazil's Coffee Harvest Accelerates

Ice Brazil Vietnam USDA

September arabica coffee (KCU25) on Monday closed down -11.35 (-3.92%), and September ICE robusta coffee (RMU25) closed down -151 (-4.11%).

Coffee prices sold off sharply on Monday, with Sep arabica coffee posting a contract low, and the July (N25) nearest-futures contract dropping to a 7.5-month low. Sep robusta prices fell to a 1-week low.

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