Coffee Prices Soar on Dry Brazilian Weather and Tighter US Supplies

Bullish 77.0

September arabica coffee (KCU25 ) on Tuesday closed up +12.60 (+3.67%), and September ICE robusta coffee (RMU25 ) closed up +255 (+6.14%). Coffee prices extended their sharp two-week-long rally Tuesday, with arabica coffee posting a 2.25-month high and robusta posting a 2-month high. Weather concerns in Brazil are underpinning coffee...
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.