Arabica Extends Gain as Firmer Brazilian Real Seen Hurting Sales
Arabica coffee futures extended gains in New York, buoyed by expectations that a stronger Brazilian real will continue to curb shipments from Brazil, the world’s largest producer.
By Pratik Parija, Dayanne Sousa, Mumbi Gitau · Bloomberg Markets
Arabica coffee futures extended gains in New York, buoyed by expectations that a stronger Brazilian real will continue to curb shipments from Brazil, the world’s largest producer.