Coffee Prices Finish Sharply Lower on Long Liquidation Pressures
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May arabica coffee (KCK25 ) Thursday closed down -22.80 (-5.56%), and May ICE robusta coffee (RMK25 ) closed down -216 (-3.83%). Coffee prices Thursday settled sharply lower as forecasts for rain in Brazil sparked long liquidation in coffee futures. Somar Meteorologia said Thursday that dry and hot weather in Brazil…
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