Long Liquidation Pressures Hammer Coffee Prices
March arabica coffee (KCH25 ) Thursday closed down -22.15 (-5.30%), and March ICE robusta coffee (RMH25 ) closed down -115 (-2.00%). Coffee prices tumbled Thursday, with arabica falling sharply to a 2-week low. A rebound in arabica coffee inventories sparked long liquidation pressures in arabica coffee futures Thursday. ICE-monitored arabica...
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