Coffee Prices Close Lower as Rain in Brazil Eases Drought Concerns
15/7 22:07
September arabica coffee (KCU24 ) on Monday closed down -6.60 (-2.65%), and Sep ICE robusta coffee (RMU24 ) closed down -34 (-0.74%). Coffee prices on Monday retreated due to increased precipitation in Brazil, which has alleviated concerns about dryness. Somar Meteorologia reported Monday that Brazil's Minas Gerais region received 4.6......