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Barchart
Barchart
Rich Asplund

Coffee Prices Climb on Global Supply Concerns

Ice Brazil United States USDA Volcafe

May arabica coffee (KCK23) this morning is up +4.35 (+2.50%), and May ICE robusta coffee (RMK23) is up +58 (+2.73%).

Coffee prices this morning are moderately higher, with robusta posting a 2-week high.  Tighter ICE arabica stockpiles are boosting arabica coffee prices after ICE monitored arabica coffee inventories Thursday fell to a 3-1/4 month low of 749,933 bags.

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