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Barchart

Rich Asplund

Coffee Prices Slip on Demand Concerns

Ice Brazil Economic Growth Robusta United States USDA

July arabica coffee (KCN23) this morning is down -0.80 (-0.43%), and July ICE robusta coffee (RMN23) is unchanged.

Coffee prices this morning are moderately lower, with arabica falling to a 3-week low. Concerns that the ongoing U.S. banking turmoil will lead to slower economic growth that curbs coffee demand are weighing on prices.

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