Arabica coffee climbs on Brazil quality concerns
Arabica coffee futures on ICE rose 2.4% to $2.9640/lb. Dealers also cited technical buying after a steep decline.
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Arabica coffee climbs on Brazil quality concerns
Arabica coffee futures on ICE rose on Wednesday boosted partly by possible quality issues with Brazil's 2026 crop due to higher humidity linked to the current El Nino weather event.COFFEE* Arabica coffee ICEUS:KC1! gained 2.4% to $2.9640 per lb by 1147 GMT.* Brazil's Cooxupe, the country's largest…