Coffee Settles Higher on Tight Supplies and Increased Robusta Demand from Roasters
July arabica coffee (KCN23 ) on Wednesday closed up +2.80 (+1.53%), and July ICE robusta coffee (RMN23 ) closed up +60 (+2.30%). Coffee prices Wednesday posted moderate gains, with robusta climbing to a 2-week high. A weaker dollar Wednesday (DXY00 ) was supportive of coffee prices. Smaller ICE arabica inventories...
Barchart ·