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Barchart
Barchart
Rich Asplund

Arabica Coffee Climbs on Supply Concerns

Ice arabica Donald Trump Brazil Columbia United States Vietnam Conab FAs

December arabica coffee (KCZ25) today is up +6.15 (+1.55%), and November ICE robusta coffee (RMX25) is down -35 (-0.77%).

Coffee prices today are mixed.  Supply concerns are underpinning arabica coffee prices as President Trump is expected to announce new tariffs on Columbia, the world's second-largest producer of arabica coffee beans.  Also, strength in the Brazilian real (^USDBRL) is supportive for arabica coffee as the real climbed to a 1-week high against the dollar today.  The stronger real discourages export sales from Brazil's coffee producers.

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