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Barchart
Rich Asplund

Coffee Prices End Lower as Brazilian Real Weakness Sparks Long Liquidation

Ice Brazil Vietnam USDA ICO the USDA FAS Volcafe

December arabica coffee (KCZ24) Thursday closed down -8.85 (-3.45%).  November ICE robusta coffee (RMX24) closed down -25 (-0.51%).

Coffee prices Thursday retreated as weakness in the Brazilian real (^USDBRL) sparked long liquidation in coffee futures.  The real Thursday fell to a 3-week low against the dollar, encouraging export selling from Brazil's coffee producers.

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