Abundant Global Coffee Supplies Pressures Prices
28/4 04:19
July arabica coffee (KCN26 ) on Monday closed down -6.40 (-2.17%), and July ICE robusta coffee (RMN26 ) closed down -55 (-1.58%). Coffee prices settled sharply lower on Monday amid expectations of abundant global coffee supplies ahead of the upcoming Brazilian coffee harvest. Last Tuesday, arabica coffee fell to a......