Coffee Prices Settle Higher on Production Concerns in Brazil and Vietnam
September arabica coffee (KCU24 ) on Friday closed up +4.75 (+2.12%), and Sep ICE robusta coffee (RMU24 ) closed up +32 (+0.77%). Coffee prices on Friday rallied moderately, with arabica and robusta posting 1-1/2 week highs. Coffee prices moved higher on concerns that drier-than-normal conditions could adversely affect Brazil's and...
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