Coffee Prices Tumble on Brazil Coffee Harvest Pressures
July arabica coffee (KCN25 ) Friday closed down -5.85 (-1.80%), and July ICE robusta coffee (RMN25 ) closed down -147 (-3.64%). Coffee prices on Friday extended this week’s sharp losses, with robusta sinking to a 13-month low. Coffee prices have tumbled this week, with arabica falling to a 5-month low…