📰 **Arabica Coffee Retreats in Hopes the Strait of Hormuz Will Soon Reopen**

July arabica coffee (KCN26 ) on Wednesday closed down -5.90 (-2.04%), and July ICE robusta coffee (RMN26 ) closed up +35 (+1.04%). Coffee prices on Wednesday settled mixed. Optimism that the US-Iran war could soon end and reopen the Strait of Hormuz weighed on coffee prices on We...

🔗 https://www.nasdaq.com/articles/arabica-coffee-retreats-hopes-strait-hormuz-will-soon-reopen

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