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Coffee Prices Fall Back After 1-1/2 Week Rally

ICE
Commodities & Raw MaterialsCommodity FuturesFutures & OptionsDerivatives & VolatilityGeopolitics & WarMarket Technicals & FlowsInvestor Sentiment & Positioning

May arabica futures fell $0.60 (−0.20%) while May ICE robusta tumbled $82 (−2.17%). Prices eased on long-liquidation pressure after a 1½-week rally that was initially driven by geopolitical risk related to the Iran war, indicating short-term selling and heightened volatility in coffee futures.

Analysis

May arabica futures fell $0.60 (−0.20%) while May ICE robusta tumbled $82 (−2.17%). Prices eased on long-liquidation pressure after a 1½-week rally that was initially driven by geopolitical risk related to the Iran war, indicating short-term selling and heightened volatility in coffee futures.

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