Sunday 21 July 2024
  • La Cimbali

Arabica futures soar to 15-month highs

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Demuslab

MILAN – Arabica coffee futures in New York rose to a new 15-month high on Thursday. The benchmark contract for September delivery was up 3.45 cents, or 2.3 percent, at US$1.5110 per lb – the highest level since February 2015.

London Robusta coffee futures for September delivery were also up US$26 at US$1,842 per tonne.

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