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Rain Forecasts for Brazil Send Coffee Prices Tumbling
Friday closed down -10.90 (-4.17%), and November ICE robusta coffee (RMX24) closed down -189 (-3.60%). Coffee prices Friday ...
Barchart on MSN8h
Coffee Prices Plunge on Rain Forecasts for Brazil
December arabica coffee (KCZ24) today is down -12.40 (-4.74%), and November ICE robusta coffee (RMX24) is down -208 (-3.96%).
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Why has the price of coffee in the United States increased so much in 2024?
According to BBC Mundo, in 2021, “an unexpected frost wiped out coffee crops in Brazil,” which is the world’s largest ...
Coffee Prices Post Moderate Losses on Rain Forecasts for Brazil
Coffee prices retreated Thursday as forecasts for rain in Brazil sparked long liquidation coffee futures. Thursday's two-week Global Forecast System model showed rain is expected for Brazil's ...