(Bloomberg) -- Coffee declined for the fourth time
in five days in New York as arabica beans moved in tandem with a
drop in robusta prices in London.
Robusta futures for September delivery fell as much as 2.1
percent on Euronext.liffe after climbing to the highest in nine
years on Vietnamese supply concerns. Robusta beans are used for
espresso and instant coffee. The arabica variety is used by
coffeehouse operators such as based Starbucks Corp. Arabica
futures in New York are down 1.5 percent this week.
Read more at Bloomberg Commodities News
in five days in New York as arabica beans moved in tandem with a
drop in robusta prices in London.
Robusta futures for September delivery fell as much as 2.1
percent on Euronext.liffe after climbing to the highest in nine
years on Vietnamese supply concerns. Robusta beans are used for
espresso and instant coffee. The arabica variety is used by
coffeehouse operators such as based Starbucks Corp. Arabica
futures in New York are down 1.5 percent this week.
Read more at Bloomberg Commodities News
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