Arabica coffee futures fall 3.4% from near six-week high
ICE arabica coffee futures fell 3.4% to $3.0525 per lb as dealers took profits. Stocks are still expected to replenish as exports from Brazil pick up pace.
Arabica coffee futures on ICE retreated from a recent near six-week high on Thursday as dealers booked profits. Stocks are still expected to rebuild as exports from leading producer Brazil accelerate. Cocoa and sugar also declined. Arabica coffee on ICE was down 3.4% at $3.0525 per lb at 1257 G…