Coffee Prices Retreat on Brazil Harvest Pressures
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July arabica coffee (KCN25 ) Tuesday closed down -3.60 (-1.05%), and July ICE robusta coffee (RMN25 ) closed down -41 (-0.92%). Coffee prices retreated on Tuesday, with arabica falling to a 1-3/4-month low and robusta dropping to a 7-month low. Harvest pressures are undercutting coffee prices, as Safras & Mercado…
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