Arabica Coffee Soars to a Record High on Supply Fears
March arabica coffee (KCH25 ) Wednesday closed up +14.40 (+3.76%), and March ICE robusta coffee (RMH25 ) closed up +85 (+1.53%). Coffee prices Wednesday extended this year's parabolic rally, with arabica coffee climbing to a new all-time nearest-futures high. Lingering global coffee supply fears are underpinning prices. Last Tuesday, Conab,...
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