Coffee Prices Sink on the Outlook for Ample Supplies
20/6 15:55
July arabica coffee (KCN25 ) Wednesday closed down -10.95 (-3.26%), and July ICE robusta coffee (RMN25 ) closed down -299 (-6.92%). Coffee prices plummeted on Wednesday, with arabica falling to a 5-month low and robusta sinking to a 1-year low due to an improved supply outlook. Brazil's ongoing coffee harvest......