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Barchart
Rich Asplund

Coffee Prices Slip in Hopes Strait of Hormuz Could Soon Be Reopened

Ice Arabica Brazil Iran United States FAs

May arabica coffee (KCK26) today is down -0.50 (-0.16%), and May ICE robusta coffee (RMK26) is down -22 (-0.60%).

Coffee prices are under pressure today as long liquidation emerged in coffee futures amid hopes that US-Iran diplomacy will soon end the war in Iran and allow for the reopening of the Strait of Hormuz.  

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