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Coffee: It's Time To Sell Rallies

Coffee: It's Time To Sell Rallies

Coffee futures have tacked on roughly 6.5% through the holiday sessions. Part of this has been due to El Nino weather concerns in Vietnam, which produces around 20% of the world’s Robusta (instant) coffee. Meanwhile, the extra rain El Nino has brought to the Brazilian Arabica (Starbucks) crop combined with the currency depreciation of the Brazilian Real will push their production and exports...

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