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Barchart
Barchart
Rich Asplund

EXPLAINED: Coffee prices rebound on strength in the brazilian real 3d2ce6af fd67 4f3f b727 85e2761d41fc | Vintage Vibes

July arabica coffee (KCN25) today is up +3.20 (+0.89%), and July ICE robusta coffee (RMN25) is up +70 (+1.58%).

Coffee prices today shook off early losses and moved higher on strength in the Brazilian real.  The real (^USDBRL) climbed to an 8-month high against the dollar today, discouraging export selling from Brazil’s coffee producers.

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