Coffee Sees Burst of Volatility as Robusta Supply Fears Persist
- Robusta price swings are exacerbated by drought in Vietnam
- Potential heat waves, heavy rains may affect prices: analyst
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Coffee futures fluctuated in New York and London as persistent supply concerns continued to add volatility.
Robusta futures dropped as much as 2.7% in London on Monday, before wavering between gains and losses. Arabica futures fell as much as 2.6% in New York before paring declines.