Coffee Prices Recover Early Losses on Forecasts for Limited Rain in Brazil
July arabica coffee (KCN24 ) on Wednesday closed up +3.80 (+1.72%), and July ICE robusta coffee (RMN24 ) closed up +44 (+1.05%). Coffee prices recovered from early losses on Wednesday and posted moderate gains. Short covering emerged in coffee futures Wednesday after updated weather forecasts called for limited chances of...
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