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Market Impact: 0.35

Coffee Prices Fall as Global Supplies Grow

Source: Nasdaq

Commodities & Raw MaterialsCommodity Futures

December arabica coffee futures fell 4.10 cents, or 1.48%, on Tuesday, while November ICE robusta futures declined $77, or 2.31%. Both contracts extended a two-day selloff to three-month lows, reflecting sustained pressure on coffee prices over the prior three weeks.

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