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Rich Asplund

Arabica Coffee Consolidating Below This Week’s 6.5-Month High

Ice Brazil USDA Colombia Vietnam

September arabica coffee (KCU26) is up +1.50 (+0.42%) today, and September ICE robusta coffee (RMU26) is down -25 (-0.67%).

Coffee prices are mixed today. Arabica coffee is consolidating below Tuesday’s 6.5-month high, and robusta is under pressure from rising inventories as ICE robusta inventories climbed to a 5.25-month high of 4,622 lots on Tuesday.

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