WSJ latest news-Coffee Prices Plummet On Glut Expectations


Coffee Prices Plummet On Glut Expectations
BY LESLIE JOSEPHS
The Wall Street Journal Europe
27 May 2013

Arabica coffee prices settled at a 3Â�-year low on expectations of an onslaught of beans from top grower Brazil. Coffee for July delivery on the ICE Futures U. S. exchange fell 2.8 cents, or 2.2%, to $ 1.2725 a pound on Friday, the lowest settlement…read more…

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