Coffee Prices Settle Lower as ICE Coffee Inventories Recover

May arabica coffee (KCK24) closed down -1.30 (-0.71%) and May ICE robusta coffee (RMK24) closed down -33 (-1.07%). Coffee prices on Wednesday settled moderately lower due to a recovery in ICE-monitored coffee inventories, which rose to a 2-week high and arabica inventories climbed to a 3-1/2 month high. On Tuesday, coffee prices posted 5-week lows […]
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