Coffee Prices Supported by Tighter ICE Inventories
December arabica coffee (KCZ25 ) today is up +9.70 (+2.44%), and January ICE robusta coffee (RMF26 ) is up +121 (+2.67%). Coffee prices are sharply higher today due to shrinking ICE coffee inventories. The 50% tariffs imposed on US imports from Brazil have led to a sharp drawdown in ICE...
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