Coffee Prices Continue Higher on Brazil Coffee Harvest Delays
July arabica coffee (KCN26 ) on Friday closed up +3.25 (+1.28%), and July ICE robusta coffee (RMN26 ) closed up +131 (+3.78%). Coffee prices on Friday extended Thursday’s rally amid concern that persistent rain in Brazil will delay the coffee harvest. Forecaster Vaisala said moderate to heavy rainfall is forecast...
July arabica coffee (KCN26 ) on Friday closed up +3.25 (+1.28%), and July ICE robusta coffee (RMN26 ) closed up +131 (+3.78%). Coffee prices on Friday extended Thursday’s rally amid concern that persistent rain in Brazil will delay the coffee harvest. Forecaster Vaisala said moderate to heavy rainfall is forecast...
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