Robusta Pulls Back Slightly After Three-Month Peak as Weather Risks Loom
Robusta coffee prices eased 0.2% to $3,654 per ton on Friday after reaching a three-month high of $3,692 on Thursday. Rabobank warned El Niño could lift robusta prices by creating hotter, drier conditions in Southeast Asia and India. Arabica fell 1.5% to $2.7215 per pound from a near six-week high of $2.8480 per pound, with recent El Niño-linked ra…