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Barchart
Rich Asplund

Arabica Coffee Prices Slip on Signs of Higher Supplies

Ice Brazil Vietnam ICO International Coffee Organization USDA

March arabica coffee (KCH24) this morning is down -2.80 (-1.52%), and Mar ICE robusta coffee (RMH24) is up +33 (+1.13%).

Coffee prices this morning are mixed, with Mar robusta posting a contract high.  Arabica prices are under pressure today on the outlook for an increase in supplies.  ICE Futures data show the number of bags of arabica coffee waiting to go through grading jumped to 37,379 as of Tuesday, from 23,166 bags on Monday.

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