Coffee Prices Break Out to 4-1/2 Month High
Dec arabica coffee (KCZ23 ) today is up 3.00 (+1.81%), and Jan ICE robusta coffee (RMF24 ) is up +12 (+0.52%). Coffee prices are higher as current inventories shrink, a supportive factor for coffee prices. ICE-monitored arabica coffee inventories Thursday fell to a 24-year low of 368,100 bags. Meanwhile, ICE-monitored...
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