(Bloomberg) -- Coffee fell in New York, ending with its first weekly loss in April, as exports from Brazil and stockpiles in exchange-monitored warehouses continue to rise.
Shipments from Brazil, the world's largest grower, rose to 1.26 million bags this month, a 5.9 percent increase from the same period a month earlier, according to Brazil's coffee exporters' council. Stockpiles in warehouses tracked by the New York Coffee, Sugar & Cocoa Exchange climbed to more than 4 million bags on April 18, the highest since December 2005.
Read more at Bloomberg Commodities News
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