Rain Forecasts in Brazil Pressure Arabica Coffee Prices Despite Tight Global Supply
Dubai – Qahwa World Arabica coffee prices fell sharply on Thursday as forecasts of much-needed rainfall in Brazil’s key coffee-growing regions eased concerns about prolonged dryness that had recently pushed prices higher. Meanwhile, robusta prices edged up, supported by steady demand and limited inventories. On the Intercontinental Exchange (ICE), December arabica (KCZ25) closed down –7.85</p>
