Coffee Prices Plunge as Rain Forecasts for Brazil Fuel Long Liquidation Pressure

Strong Bearish -93.0

December arabica coffee (KCZ25 ) today is down -27.70 (-6.77%), and November ICE robusta coffee (RMX25 ) is down -321 (-6.71%). Coffee prices today are sharply lower, with arabica dropping to a 1-week low. Long liquidation pressures are hammering coffee prices, spurred on by forecasts for showers in Brazil's coffee-growing...
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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.