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Barchart
Rich Asplund

Coffee Prices Erase Early Gains on Increased Exports from Brazil

Ice Brazil Vietnam USDA ICO the USDA FAS Volcafe

September arabica coffee (KCU24) on Thursday closed down -1.00 (-0.41%), and Sep ICE robusta coffee (RMU24) closed down -45 (-1.00%).

Coffee prices Thursday erased an early rally and closed moderately lower.  Coffee prices fell after the Brazilian Trade Ministry reported that Brazil's July coffee exports rose +44% y/y to 202,000 MT.

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