Coffee Prices Retreat on Fears Higher Prices Will Curb Demand
28/8 23:06
December arabica coffee (KCZ25 ) on Thursday closed down -7.80 (-2.02%), and November ICE robusta coffee (RMX25 ) closed down -70 (-1.29%). Coffee prices fell back from 3.5-month highs on Thursday and settled sharply lower. Long liquidation weighed on coffee prices Thursday after JM Smucker Co., the owner of the......