Coffee Prices Retreat on Harvest Pressures and Brazil Real Weakness
July arabica coffee (KCN23 ) on Tuesday closed down -4.50 (-2.48%), and July ICE robusta coffee (RMN23 ) closed down -12 (-0.47%). Coffee prices Tuesday posted moderate losses, with arabica falling to a 1-1/2 month low. Harvest pressures in Brazil are undercutting arabica coffee prices as dry conditions allow the...
Barchart ·