Coffee| Arabica coffee prices dropped 24 percent

January 6, 2016 9:21 AM | Skymet Weather Team

Arabica coffee prices dropped 24 percent to end 2015, as much-needed rains in top grower Brazil helped boost crops and weak currencies in major producing countries spurred record exports. The losses partially offset the meteoric 50-percent rally in 2014, as the worst drought in decades scorched Brazil's crops, which is hurting the crops output.

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