Coffee Prices Settle Sharply Higher on Dry Weather in Brazil
March arabica coffee (KCH24 ) on Monday closed up +6.95 (+3.92%), and Jan ICE robusta coffee (RMF24 ) closed up +84 (+3.27%). Coffee prices Monday rallied sharply, with robusta posting a 3-week high. Dry weather in Brazil risks damaging coffee crops and is bullish for prices. Somar Meteorologia reported Monday...
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