Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Arabica Coffee Closes Lower as Brazil's Coffee Exports Jump

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.