Arabica near 3-1/2 month high and Robusta also gained

Arabica  rallied again on ICE to hit just near 3-1/2 months high while closing.

Increasing Weather concerns in major coffee growing countries like Brazil has also lifted markets said one dealer.

Recent reports suggested there will be a less beans left for export to global market from Brazil this year.

Also read  Arabica coffee fell from a fresh 3-1/2 month high,Robusta followed the same

Arabica coffee rose 1.25 cents, or 0.89 percent, to $1.4145 per lb, reach just below 3-1/2 month high of $1.4155.

Robusta coffee gained $7, or 0.33 percent, to $2,151/tonne.

Read more on SOFTS here : timesofindia.indiatimes.com

Also read  Arabica Hits 3-1/2 months High and slips
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