Thursday, July 10, 2014

Coffee Futures Tumble to 20-Week Low on Brazil Outlook

Coffee Futures Tumble to 20-Week Low on Brazil Outlook




Coffee futures plunged 5.7 percent to a 20-week low on speculation that demand will ease as more supplies become available from Brazil, the world’s top producer and exporter.
Drier weather in coming days will aid Brazil’s harvest, MDA Weather Services in Gaithersburg,Maryland, said in a report. M...

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