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Rich Asplund

Coffee Prices Consolidate After Monday's Sharp Decline

Ice Brazil Vietnam USDA Deficit International Coffee Organization the USDA FAS Volcafe

September arabica coffee (KCU24) today is up +1.30 (+0.54%), and Sep ICE robusta coffee (RMU24) is down -17 (-0.37%).

Coffee prices today are mixed as they consolidate Monday's sharp losses. Robusta gave up an early advance and turned lower after ICE-monitored robusta coffee inventories rose to a 1-year high today of 6,098 lots, signaling increased supplies.

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