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Barchart
Rich Asplund

Risk-Off Sentiment in Asset Markets and Rain in Brazil Undercuts Coffee Prices

Ice Brazil Conab Vietnam Marex Solutions the USDA FAS USDA Volcafe

May arabica coffee (KCK25) today is down -18.90 (-5.17%), and May ICE robusta coffee (RMK25) is down -301 (-5.89%).

Coffee prices today are sharply lower for a second session, with arabica falling to a 2-1/4 month low and robusta sinking to a 4-month low.  Today'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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