Coffee Prices Settle Lower on Dollar Strength and Higher Inventories
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May arabica coffee (KCK25 ) Thursday closed down -0.55 (-0.15%), and May ICE robusta coffee (RMK25 ) closed down -135 (-2.51%). Coffee prices on Thursday settled lower and came under pressure from a stronger dollar (DXY00 ). An increase in current coffee supplies also weighed on prices after ICE-monitored arabica…
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