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Tag Archives: Guilherme Morya

Coffee prices hit highest since 1977 on supply woes and geopolitics!

The prices of Arabica coffee extended this week’s rally to reach the highest level since 1977 in trading Wednesday on concerns of limited supplies amid global output woes, caused primarily by drought in major producer, Brazil, coupled with geopolitical factors. A pound of Arabica beans listed in New York hit …

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