Coffee Prices Close Sharply Higher as Brazil Farmers Withhold Supplies
Dec arabica coffee (KCZ23 ) on Friday closed up +5.60 (+3.75%), and Nov ICE robusta coffee (RMX23 ) closed up 28 (+1.19%). Coffee prices Friday rallied sharply, with arabica posting a 3-week high and robusta posting a 1-1/2 week high. A lack of selling by Brazil’s coffee farmers is keeping...
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