EU Rules And Drought Drop Coffee to $188, Down 7.7%
Quick Look: The coffee market consolidates amid regulations, environmental worries, and supply uncertainties, reflecting recent price declines. EU rules target deforestation, affecting coffee imports, prompting potential circumvention, signaling trading sustainability shifts. Droughts in Vietnam and Brazil hinder production, despite Brazil’s rise, affecting global coffee supply. Bullish patterns hint at price rebound during consolidation, while legislation …
EU Rules And Drought Drop Coffee to $188, Down 7.7% Read More »