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Barchart
Barchart
Rich Asplund

NY Coffee Prices Sell Off Sharply on Possible US-Brazil Trade Thaw

December arabica coffee (KCZ25) on Monday closed down -12.90 (-3.20%), and November ICE robusta coffee (RMX25) closed down -134 (-2.93%).

Coffee prices on Monday extended the sharp declines seen late last week after arabica coffee last Thursday posted an 8.75-month nearest-futures high and robusta posted a 2-month high.

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