Tighter Supplies and Brazilian Real Weakness Boost Coffee Prices
8/8 16:06
September arabica coffee (KCU25 ) on Thursday closed up +4.40 (+1.50%), and September ICE robusta coffee (RMU25 ) closed up +24 (+0.71%). Coffee prices settled higher Thursday on signs of tighter supplies. Brazil's Trade Ministry reported late Wednesday that Brazil's July unroasted coffee exports fell -20.4% y/y to 161,000 MT.......