Posts Tagged ‘ICE stocks’
Arabica coffee falls 6.59% in New York following Brazilian elections
Depreciation of the real and the arrival of the new Brazilian harvest put pressure on international prices. Arabica coffee futures fell 6.59% over the week on the New York exchange, a decline totaling 2,025 points. According to the Carvalhaes report, the drop occurred amid a sharp depreciation of the Brazilian real following the elections in…
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