Brazil Harvest Pressures Weigh on Coffee Prices
December arabica coffee (KCZ26 ) closed down -6.65 (-2.02%) on Friday, and September ICE robusta coffee (RMU26 ) closed down -104 (-2.81%). Coffee prices settled sharply lower on Friday, with robusta falling to a 1-week low. Coffee is under pressure on expectations that drier weather in Brazil will speed up...
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