Coffee Prices Post Moderate Losses on Rain Forecasts for Brazil
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May arabica coffee (KCK25 ) Friday closed down -2.75 (-0.71%), and May ICE robusta coffee (RMK25 ) closed down -74 (-1.36%). Coffee prices on Friday extended Thursday’s sharp losses on forecasts for rain in Brazil. Somar Meteorologia said Thursday that dry and hot weather in Brazil for the rest of…
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