Rains Delay Brazil's Coffee Harvest and Push Prices Higher
29/5 02:38
July arabica coffee (KCN26 ) on Thursday closed up +4.40 (+1.63%), and July ICE robusta coffee (RMN26 ) closed up +82 (+2.36%). Coffee prices rallied to 2-week highs on Thursday and settled sharply higher as heavy rains in Brazil are delaying the coffee harvest and threatening to tighten global supplies.......