Rain in Brazil Weighs on Coffee Prices
Dec arabica coffee (KCZ23 ) on Tuesday closed down -0.35 (-0.23%), and Nov ICE robusta coffee (RMX23 ) closed down -51 (-2.07%). Coffee prices Tuesday posted moderate losses, with robusta falling to a 3-week low. Forecasts for rain in Brazil's coffee-growing regions have eased dryness concerns and sparked the selling...
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