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Rich Asplund

Arabica Coffee Prices Slip on Brazilian Real Weakness

Ice Brazil Conab USDA Vietnam Marex Solutions Volcafe

May arabica coffee (KCK25) today is down -1.20 (-0.35%), and May ICE robusta coffee (RMK25) is up +23 (+0.48%).

Coffee prices today are mixed. Arabica coffee is under pressure today after the Brazilian real (^USDBRL) fell to a 2-1/2 month low against the dollar, encouraging export selling from Brazil's coffee producers. However, losses are limited as a sharp rally in equity markets has boosted risk-on sentiment for asset markets.

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