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July arabica coffee (KCN25 ) Thursday closed down -16.10 (-4.02%), and July ICE robusta coffee (RMN25 ) closed down -243 (-4.53%). Coffee prices on Thursday sank to 1-week lows and settled sharply lower. Coffee prices fell because of concern that higher tariffs would boost coffee prices and dampen demand…
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Coffee Prices Settle Sharply Lower on Demand Fears
July arabica coffee (KCN25 ) Thursday closed down -16.10 (-4.02%), and July ICE robusta coffee (RMN25 ) closed down -243 (-4.53%). Coffee prices on Thursday sank to 1-week lows and settled sharply lower. Coffee prices fell because of concern that higher tariffs would boost coffee prices and dampen demand…