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Barchart
Barchart
Rich Asplund

Coffee Prices Climb on a Weaker Dollar

Ice Brazil Commitment of Traders Robusta USDA

July arabica coffee (KCN23) this morning is up +1.50 (+1.81%), and July ICE robusta coffee (RMN23) is up +11 (+0.46%).

Coffee prices this morning are moderately higher due to a weaker dollar.  Arabica coffee also has support from tighter inventories after ICE monitored arabica coffee inventories Monday fell to a 4-3/4 month low of 672,365 bags.

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