Arabica Coffee Falls Back on Dollar Strength
Dec arabica coffee (KCZ23 ) on Friday closed down -1.15 (-0.75%), and Nov ICE robusta coffee (RMX23 ) closed up +31 (+1.29%). Coffee prices Friday settled mixed, with robusta posting a 1-week high. Friday's rally in the dollar index to a 2-1/2 month high undercut arabica prices. However, signs of...
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