Frost Threats in Brazil Push Coffee Prices Sharply Higher
23/7 07:14
September arabica coffee (KCU25 ) Tuesday closed up +4.40 (+1.51%), and September ICE robusta coffee (RMU25 ) closed up +102 (+3.20%). Coffee prices erased early losses on Tuesday and settled sharply higher on concern about frost in Brazil. Meteorologist Climatempo forecasted Tuesday that a cold front will advance through Brazil's......