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News 2026-10-16 10:52 UTC

SOFTS — Arabica coffee hits one — month high as stocks remain critically low

LONDON, Oct 16 (Reuters) — Arabica coffee futures on ICE rallied to a one-month high on Friday as market participants grew nervous that critically low exchange stocks will not be replenished as soon as previously expected. Coffee Arabica coffee was up 4.7% to $3.0855 per lb at 1031 GMT​​​​, heading for gains of 7.5% fo