Coffee Prices Slump on Brazilian Real Weakness
16/5 01:01
July arabica coffee (KCN26 ) today is down -8.60 (-3.12%), and July ICE robusta coffee (RMN26 ) is down -125 (-3.58%). Coffee prices are sinking today, with arabica posting a 9-month low and robusta posting a 1-week low. Weakness in the Brazilian real (^USDBRL ) is undercutting coffee prices, as......