Decline in Arabica Coffee Futures Linked to Brazil’s Export Surge

Arabica coffee futures dipped in New York’s ICE Futures following Brazil’s report of increased coffee exports. The significant shipment figures from Cecafé, alongside weather updates, influenced market dynamics. In May/24, the drop hit 525 points, settling at 182.80 cents per lb. Other contracts also saw similar declines. Robusta in London fell by 2.31%. May/24 contracts […]

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