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Rich Asplund

Arabica Coffee Turns Lower as ICE Inventories Rebound

Ice Brazil USDA Conab Vietnam the USDA FAS Vietnam General Statistics Office Volcafe

May arabica coffee (KCK25) Monday closed down -0.40 (-0.10%), and May ICE robusta coffee (RMK25) closed up +22 (+0.41%).

Coffee prices on Monday settled mixed.  Arabica coffee gave up an early advance Monday and closed slightly lower after ICE-monitored arabica coffee inventories rose to a 1-week high of 799,406 bags.  Meanwhile, ICE-monitored robusta coffee inventories rose to a 1-month high last Friday of 4,356 lots.  

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