Short Covering Lifts Coffee Prices on Dry Conditions in Brazil
September arabica coffee (KCU25 ) today is up +4.30 (+1.55%), and September ICE robusta coffee (RMU25 ) is up +1 (+0.03%). Coffee prices today recovered from early losses and turned higher after forecasts for limited rainfall over the next week in Brazil's coffee-growing regions sparked some short covering in coffee...
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