Robusta Coffee Soars to Record as Drought in Vietnam Curbs Coffee Production

Coffee prices have been sharply higher for a second day, with arabica coffee posting a 3-1/2 month high and robusta posting a new record high. Concerns over excessive dryness in Vietnam are pushing robusta prices higher and providing carryover support to arabica coffee prices. Heavy rain in Brazil’s coffee-growing regions may have damaged coffee crops, […]