Coffee Prices Sharply Lower on Abundant Rainfall in Brazil
1/7 09:21
September arabica coffee (KCU25 ) Monday closed down -3.65 (-1.20%), and September ICE robusta coffee (RMU25 ) closed down -41 (-1.12%). Coffee prices on Monday settled sharply lower as abundant rainfall in Brazil has eased dryness concerns and is positive for the country's coffee crops. Somar Meteorologia reported Monday that......