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Barchart
Barchart
Rich Asplund

Arabica Coffee Rebounds Amid Tight Supplies in the Spot Market

Ice Brazil Vietnam FAs StoneX

July arabica coffee (KCN26) today is up +0.85 (+0.34%), and July ICE robusta coffee (RMN26) is down -45 (-1.34%).

Coffee prices bounced off early lows today and are mixed, with arabica posting a 19-month nearest-futures low and robusta posting a 7-week low. Short covering emerged in arabica coffee today amid persistent tightness in the spot market as ICE-monitored arabica coffee inventories fell to a 3.75-month low on Thursday.

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