Brazil’s Coffee Surge Leads to Price Dip

Coffee futures in New York saw a decrease on Monday. March/24 Arabica futures dropped 70 points to 195.60 cents per pound. The May/24 and July/24 contracts also fell, reaching 191.15 and 189.85 cents per pound, respectively. The drop is linked to Brazil’s increased coffee exports, which Cecafé reported rose 45% in January to 3.7 million […]

Leave a Reply

Your email address will not be published. Required fields are marked *