Supply Concerns Support Coffee Prices
May arabica coffee (KCK26 ) on Thursday closed up by +4.50 (+1.57%), and May ICE robusta coffee (RMK26 ) closed up by +72 (+2.03%). Coffee prices finished sharply higher on Thursday due to the Iran war, which has closed the Strait of Hormuz and disrupted global shipping. Iran’s Supreme Leader...
Barchart ·