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Barchart
Barchart
Rich Asplund

Coffee Prices Erase Early Gains as the Brazilian Real Slides

Ice Brazil Vietnam FAs StoneX

July arabica coffee (KCN26) today is down -4.95 (-1.81%), and July ICE robusta coffee (RMN26) is down -48 (-1.36%).

Coffee prices fell from 1.5-week highs today and turned lower after weakness in the Brazilian real sparked long liquidation in coffee futures. The real (^USDBRL) fell to a 1-week low today, encouraging export sales from Brazil's coffee producers.

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