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Barchart
Barchart
Rich Asplund

Coffee Prices Climb on Dollar Weakness and Delayed Vietnam Coffee Harvest

Ice Vietnam Brazil USDA Cecafe the International Coffee Organization the USDA FAS

March arabica coffee (KCH25) today is up +9.05 (+2.98%), and January ICE robusta coffee (RMF25) is up +97 (+2.03%).

Coffee prices today are moderately higher as they recover more of this week's sharp losses.  Weakness in the dollar today spurred some short-covering in coffee futures.  Robusta also has support on supply concerns as heavy rain in Vietnam is delaying the coffee harvest.

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