Coffee Prices Settle Lower as the Brazilian Real Tumbles
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May arabica coffee (KCK25 ) Friday closed down -0.55 (-0.15%), and May ICE robusta coffee (RMK25 ) closed down -46 (-0.86%). Coffee prices Friday gave up early gains and turned lower after the Brazilian real (^USDBRL ) tumbled to a 1-month low against the dollar. Weakness in the real this…
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