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Market Impact: 0.22

Coffee Harvest Pressures in Brazil Weigh on Prices

Commodities & Raw MaterialsCommodity FuturesCurrency & FXTrade Policy & Supply ChainMarket Technicals & Flows

July arabica coffee is down 0.90 (-0.37%) while July ICE robusta is up 20 (+0.60%), leaving coffee prices mixed. Ongoing Brazil harvest pressure and weakness in the Brazilian real are weighing on arabica, creating a mildly negative backdrop for coffee futures.

Analysis

July arabica coffee is down 0.90 (-0.37%) while July ICE robusta is up 20 (+0.60%), leaving coffee prices mixed. Ongoing Brazil harvest pressure and weakness in the Brazilian real are weighing on arabica, creating a mildly negative backdrop for coffee futures.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15