
March arabica coffee (KCH24) on Monday closed down -1.40 (-0.77%), and Mar ICE robusta coffee (RMH24) closed up +90 (+3.22%).
Coffee prices on Monday settled mixed, with arabica falling to a 4-week low. Signs of larger arabica coffee supplies are bearish for prices after Brazil's Trade Ministry reported Brazil's Dec coffee exports (not roasted) jumped +33.7% y/y to 244 MMT. Brazil is the world's largest producer of arabica coffee beans.