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Barchart
Rich Asplund

Arabica Coffee Slips on Dollar Strength and a Rebound in ICE Inventories

Ice Brazil USDA Vietnam Volcafe the International Coffee Organization

March arabica coffee (KCH25) Friday closed down -1.75 (-0.54%), and January ICE robusta coffee (RMF25) closed up +15 (+0.29%).

Coffee prices Friday settled mixed.  Arabica coffee gave up an early advance and turned lower after the dollar index rallied to a 2-1/2 week high.  However, robusta moved higher on signs of tighter supplies after ICE-monitored robusta coffee inventories Friday fell to a 7-1/2 month low of 3,674 lots.  

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