May arabica coffee (KCK25 ) Monday closed up +13.60 (+3.65%), and May ICE robusta coffee (RMK25 ) closed up +156 (+2.93%). Coffee prices rallied sharply on Monday as below-normal rain in Brazil may reduce coffee crop yields. Somar Meteorologia reported last Monday that Brazil’s biggest arabica coffee growing area of… » …
Coffee Prices Finish Sharply Higher on Brazil Crop Concerns
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