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Barchart
Barchart
Rich Asplund

Coffee Rallies on Dwindling ICE Inventories

Ice Brazil Vietnam ICO NY USDA FAS

Dec arabica coffee (KCZ23) on Monday closed up +2.80 (+1.64%), and Jan ICE robusta coffee (RMF24) closed up +50 (+2.11%).

Coffee prices Monday rallied moderately, with Dec NY arabica coffee posting a new 4-1/2 month high and Jan robusta coffee posting a 1-week high.

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