Coffee Prices Plummet: Brazil's Tariff Exemption & Weather Impact

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Coffee prices plummet as Brazilian tariffs are lifted, Real weakens, and rain threatens harvests. Arabica hits seven-week low, while Robusta sees support due to Vietnam weather concerns. StoneX forecasts a significant increase in Brazilian production, potentially leading to oversupply and further price drops.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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