Coffee Prices Settle Higher on Brazil Dryness and Brazilian Real Strength
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May arabica coffee (KCK25 ) Monday closed up +5.20 (+1.64%), and May ICE robusta coffee (RMK25 ) closed up +77 (+1.43%). Coffee prices on Monday settled moderately higher, supported by dry conditions in Brazil and strength in the Brazilian real. Somar Meteorologia reported Monday that Brazil’s biggest arabica coffee growing…
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