Coffee Prices Slump on the Outlook for Larger Brazil Coffee Supplies
December arabica coffee (KCZ26 ) closed down -13.35 (-3.98%) on Wednesday, and November ICE robusta coffee (RMX26 ) closed down -77 (-2.09%). Coffee prices dropped to 1-week lows on Wednesday and settled sharply lower as the outlook for Brazil’s coffee harvest to put more supplies into the market has sparked...
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