May arabica futures (KCK26) fell $0.50 (-0.16%) and May ICE robusta (RMK26) dropped $22 (-0.60%). Prices are under pressure as long liquidation hit coffee futures amid hopes that US-Iran diplomacy may soon end the conflict, reducing risk premia and weighing on prices.
May arabica futures (KCK26) fell $0.50 (-0.16%) and May ICE robusta (RMK26) dropped $22 (-0.60%). Prices are under pressure as long liquidation hit coffee futures amid hopes that US-Iran diplomacy may soon end the conflict, reducing risk premia and weighing on prices.
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neutral
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-0.08
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