Coffee Prices Close Sharply Lower as Supply Concerns Ease
July arabica coffee (KCN24 ) Friday closed down -9.40 (-4.01%), and July ICE robusta coffee (RMN24 ) closed down -150 (-3.39%). Coffee prices Friday closed sharply lower. A faster pace to Brazil's coffee harvest boosts coffee supplies and undercuts prices. Consulting firm Safras & Mercado reported Friday that Brazil's 2024/25...
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