Citi Warns Arabica Coffee Rally May Have Peaked As Demand Destruction Looms
Citi Warns Arabica Coffee Rally May Have Peaked As Demand Destruction Looms Arabica coffee futures have recorded a parabolic rally this year due to tightening supplies from top grower Brazil. However, demand may diminish at these record-high prices, potentially capping further price gains. Citi analyst Arkady Gevorkyan told clients that arabica coffee’s three-month price target and 2025 average […]
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