July arabica coffee fell 2.70 cents, or 0.97%, while July ICE robusta coffee rose 8 points, or 0.22%, leaving the market mixed. Prices weakened from early highs after the dollar index hit a 13-month high, triggering long liquidation and pressuring coffee futures. The move is more flow- and FX-driven than fundamentally transformative.
July arabica coffee fell 2.70 cents, or 0.97%, while July ICE robusta coffee rose 8 points, or 0.22%, leaving the market mixed. Prices weakened from early highs after the dollar index hit a 13-month high, triggering long liquidation and pressuring coffee futures. The move is more flow- and FX-driven than fundamentally transformative.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.20
