Brazil Harvest Pressures Weigh on Coffee Prices
July arabica coffee (KCN26 ) on Tuesday closed down -1.50 (-0.61%), and July ICE robusta coffee (RMN26 ) closed down -40 (-1.20%). Coffee prices settled lower on Tuesday, with arabica falling to a 19-month nearest-futures low and robusta sliding to a 2-month low. The ongoing coffee harvest in Brazil, expected...
July arabica coffee (KCN26 ) on Tuesday closed down -1.50 (-0.61%), and July ICE robusta coffee (RMN26 ) closed down -40 (-1.20%). Coffee prices settled lower on Tuesday, with arabica falling to a 19-month nearest-futures low and robusta sliding to a 2-month low. The ongoing coffee harvest in Brazil, expected...
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