Robusta Coffee Climbs to a New Record High on Global Crop Concerns
May arabica coffee (KCK24 ) on Friday closed up +4.30 (+1.95%), and May ICE robusta coffee (RMK24 ) closed up +57 (+1.48%). Coffee prices on Friday settled moderately higher, with Arabica posting a 7-1/2 month high and Robusa posting a new all-time high. Coffee crop concerns in Brazil and Vietnam...
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