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Barchart
Barchart
Rich Asplund

Coffee Prices Sink on Risk-Off Sentiment in Asset Markets

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May arabica coffee (KCK25) Friday closed down -19.55 (-5.07%), and May ICE robusta coffee (RMK25) closed down -259 (-4.82%).

Coffee prices plummeted Friday, with arabica posting a 2-month low and robusta posting a 2-1/2 month low.  Friday's risk-off sentiment in asset markets undercut most commodity prices, including coffee.  Also, there is concern that coffee demand will suffer as tariffs increase coffee prices for consumers.

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