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Barchart
Rich Asplund

Coffee Prices Tumble as Risk-Off Sentiment Engulfs Asset Markets

Ice Brazil Arabica Conab Vietnam Marex Solutions the USDA FAS USDA Volcafe

May arabica coffee (KCK25) Monday closed down -20.90 (-5.72%), and May ICE robusta coffee (RMK25) closed down -316 (-6.18%).

Coffee prices on Monday fell sharply for a second session, with arabica posting a 2-1/4 month low and robusta posting a 4-month low.  Monday's risk-off sentiment in asset markets due to global trade war fears 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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