Coffee Prices Rally on Dollar Weakness and Brazil Crop Concerns
July arabica coffee (KCN25 ) Thursday closed up +13.05 (+3.38%), and May ICE robusta coffee (RMK25 ) closed up +56 (+1.05%). Coffee prices on Thursday extended this week’s rally, with arabica climbing to a 4-week high and robusta posting a 1-week high. Thursday’s weaker dollar (DXY00 ) was supportive of…