Arabica coffee futures weakens

Arabica coffee futures on ICE fell as Brazil’s currency weakened on Thursday.

December arabica fell 1.50 cents, or 1.5%, to 98.85 cents per lb after touching a low of 98.60 cents, its weakest since Sept. 10.

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Dealers said the market was weighed partly by the weakness of the currency of top producer Brazil.

November robusta coffee was down $16, or 1.2%, at $1,303 a tonne.

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