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Coffee prices volatile despite expected surplus
Roasters are buying beans in the physical market as exchange stocks stay depleted, leaving futures volatile despite expectations for a record global surplus.
Coffee prices may stay volatile despite a looming surplus as exchange stockpiles remain low and Brazil shipments pick up. Read more at straitstimes.com.
After years of supply shortages, global coffee supplies are finally increasing. However, the big question is how much of the crop will end up in the stock exchanges that set prices across the industry.