Brazil Coffee Harvest Delays Boost Coffee Prices
July arabica coffee (KCN26 ) on Thursday closed up +5.55 (+2.23%), and July ICE robusta coffee (RMN26 ) closed up +109 (+3.25%). Coffee prices rallied sharply to 1-week highs on Thursday amid concern that persistent rain in Brazil will delay the coffee harvest. Forecaster Vaisala said moderate to heavy rainfall...
July arabica coffee (KCN26 ) on Thursday closed up +5.55 (+2.23%), and July ICE robusta coffee (RMN26 ) closed up +109 (+3.25%). Coffee prices rallied sharply to 1-week highs on Thursday amid concern that persistent rain in Brazil will delay the coffee harvest. Forecaster Vaisala said moderate to heavy rainfall...
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