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Barchart
Barchart
Rich Asplund

Arabica Coffee Closes Lower on Dollar Strength

Ice Brazil Robusta United Kingdom USDA

July arabica coffee (KCN23) on Monday closed down -0.35 (-0.19%), and July ICE robusta coffee did not trade, with markets in the UK closed for the May Day holiday.

Arabica coffee prices Monday fell to a 2-1/2 week low and closed mildly lower.  A rally in the dollar index Monday to a 1-1/2 week high weighed on most commodities, including coffee.  

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