Coffee Prices Have Continued Support From Shipping Threats
May arabica coffee (KCK26 ) on Monday closed up +3.60 (+1.23%), and May ICE robusta coffee (RMK26 ) closed down -1 (-0.03%). NY arabica coffee prices on Monday posted a new 3-week high and closed higher. As a bullish factor, Somar Meteorologia reported Monday that Brazil's largest arabica coffee-growing area,...
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