Coffee Prices Erase Early Gains on Forecasts for Dry Weather in Brazil
September arabica coffee (KCU26 ) on Tuesday closed down -2.45 (-0.75%), and September ICE robusta coffee (RMU26 ) closed down -66 (-1.70%). Coffee prices gave up an early advance on Tuesday and settled lower after updated weather forecasts took out the rain chances this week in Brazil’s coffee-growing regions, potentially...
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