Arabica Coffee Pressured by Strength in Brazilian Real

July arabica coffee (KCN24) on Wednesday closed down -1.50 (-0.65%), and July ICE robusta coffee (RMN24) closed up +57 (+1.38%). Coffee prices on Wednesday gave up sharp gains and settled mixed, with robusta climbing to a 1-month nearest-futures high. …

Household electricity prices to rise by up to 80%

Reportedly, a government meeting on May 30 will discuss a draft proposal that would increase the rate from UAH 2.64 ($0.07) to UAH 4.8 ($0.12) per kWh for consumers who use over 100 kWh. Meanwhile, the rates for other consumers will remain unchanged. T…