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Rich Asplund

Arabica Coffee Slides as Brazil Supplies Come to Market

Brazil Ice USDA Vietnam

December arabica coffee (KCZ26) is down -2.50 (-0.86%) today, and November ICE robusta coffee (RMX26) is up +56 (+1.61%).

Coffee prices are mixed today, with arabica falling to a 7-week low and robusta climbing to a 1-week high. The end of Brazil’s coffee harvest is boosting arabica supplies and weighing on prices. On Tuesday, Brazil’s Trade Ministry reported Brazil's Aug coffee exports rose +44.6% y/y to 206,618 MMT, the most in 8 months.

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