Coffee Prices Sharply Higher on Brazilian Real Strength and Brazil Crop Concerns
24/4 05:07
July arabica coffee (KCN25 ) Wednesday closed up +13.00 (+3.49%), and May ICE robusta coffee (RMK25 ) closed up +100 (+1.91%). Coffee prices on Wednesday settled higher, with arabica up sharply at a 3-week high. Strength in the Brazilian real (^USDBRL ) is supportive of coffee prices. On Wednesday, the......