Arabica coffee futures fell to a fresh 1-month low as threat of Brazilian frost decreases

Arabica coffee futures in New York fell to a fresh 1-month low due to threat of a crop-damaging Brazilian frost decreases and ample global supplies.

September arabica coffee settled down 0.35 cent, or 0.4%, at $1.0065 per lb, after dipping to a one-month low of $1.0030.

Also read  Coffee futures update - 15/feb/17

A softer Brazilian real, which hit its weakest in over two weeks against the US dollar, also weighed, dealers said, as a weaker real can encourage producer selling.

September robusta coffee settled down $2, or nearly 0.2%, at $1,358 per tonne.

Also read  GAP-Black Pepper Manuring for proper establishment of vines