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Market Impact: 0.25
Arabica Coffee Slides as Brazil Supplies Come to Market
Source: Nasdaq
Commodities & Raw MaterialsCommodity Futures
December arabica coffee futures fell 2.50 cents, or 0.86%, to a seven-week low, while November ICE robusta rose 56 points, or 1.61%, to a one-week high. The approaching end of Brazil's coffee harvest is increasing arabica supply availability and pressuring arabica prices, while robusta is moving higher.
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