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

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sundays

Podcast artwork

Categories:

Business

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.