Coffee Traders Reel With the World’s Biggest Crop Under Threat
- Arabica’s 10-day historical volatility at highest since 2002
- Frost threatens Brazil, supplying nearly half of world output
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Price swings for arabica coffee are the biggest in nearly two decades with traders nervously tracking the approach of a cold wave that’s threatening global supplies.
Futures for the high-end beans have surged 56% this year, making it one of the best performers among commodities.