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Barchart

Rich Asplund

Short Covering Lifts Coffee Prices on Dry Conditions in Brazil

Ice Brazil Vietnam USDA arabica Barchart

September arabica coffee (KCU25) today is up +4.30 (+1.55%), and September ICE robusta coffee (RMU25) is up +1 (+0.03%).

Coffee prices today recovered from early losses and turned higher after forecasts for limited rainfall over the next week in Brazil's coffee-growing regions sparked some short covering in coffee futures.

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