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Barchart
Rich Asplund

Brazilian Real Strength Lifts Arabica Coffee Prices

Arabica BI Ice Brazil Vietnam FAs StoneX United Kingdom

May arabica coffee (KCK26) on Monday closed up +2.65 (+0.90%), and May ICE robusta coffee (RMK26) did not trade with UK markets closed for the Easter Monday holiday.

Arabica coffee moved higher on Monday amid strength in the Brazilian real (^USDBRL).  The real rose to a 3.5-week high on Monday, discouraging export sales from Brazil's coffee producers.  

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