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Rich Asplund

Arabica Coffee Prices Settle Sharply Higher on Tighter ICE Inventories

Ice Arabica Brazil USDA

September arabica coffee (KCU26) on Friday closed up +9.05 (+2.80%), and September ICE robusta coffee (RMU26) closed up +2 (+0.05%).

Arabica coffee settled sharply higher on Friday as near-term supplies continue to tighten. ICE arabica coffee inventories have steadily declined over the past 4.5 months and fell to a 2.5-year low on Friday.

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