December arabica coffee (KCZ26) is down -3.85 (-1.22%), and November ICE robusta coffee (RMX26) is down -4.00 (-1.27%).
Arabica coffee prices fell today after ICE arabica coffee inventories on Wednesday rose by 4,847 bags to 239,748 from Tuesday’s 5-week low of 234,901 bags. Wednesday’s inventory increase was consistent with reports earlier this week that nearly 28,000 bags of arabica coffee are pending grading at the Intercontinental Exchange, the highest total in over a month.
