Weakness in the Brazilian Real Undercuts Coffee Prices
July arabica coffee (KCN24 ) on Tuesday closed down -0.85 (-0.37%), and July ICE robusta coffee (RMN24 ) closed down -55 (-1.32%). Coffee prices moved lower Tuesday, with robusta falling to a 2-1/2 week low. Weakness in the Brazilian real (^USDBRL ) is undercutting coffee prices as the real fell...
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