Arabica coffee at fresh 10-week low as sugar dips
Arabica coffee futures on ICE fell to a fresh 10-week low on benign Brazil weather and surging exports; raw sugar touched a two-week trough. Coffee (KC1!) settled down 2.1 cents, 0.7%, at $2.8155/lb after a low of $2.7705 earlier.
Arabica coffee futures on ICE fell to a fresh 10-week low on Wednesday, pressured by benign weather in Brazil and surging exports, while raw sugar touched a two-week trough. ICEUS:KC1! 7705.