London robusta coffee futures ended down on profit-taking by speculators on Monday following the market's recent surge to a 6-1/2-year high, dealers said. The benchmark November closed down $44, or 3.2 percent, at $1,345 a tonne after trading between $1,397 and $1,343. Traders said volume was low 9,969 lots.
The November contract hit a peak of $1,451 on Thursday. The November-January spread ended at about $77, slightly off Friday's close of $80. September's premium to November rose to $22 from a close of about $15 on Friday.
Hot, dry weather will dominate Brazil's south-eastern coffee belt until August 20, when a new cold front will arrive with a polar air mass and limited moisture, private forecaster Somar said on Monday.
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