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Barchart
Rich Asplund

Coffee Prices Fall as Supply Concerns Ease

Ice Brazil the USDA FAS Conab Vietnam USDA Vietnam General Statistics Office Volcafe

May arabica coffee (KCK25) today is down -9.70 (-2.46%), and May ICE robusta coffee (RMK25) is down -76 (-1.37%).

Coffee prices are under pressure today as increased ICE coffee inventories ease supply concerns.  On Tuesday, ICE-monitored arabica coffee inventories rose to a 1-week high of 803,032 bags.  Meanwhile, ICE-monitored robusta coffee inventories rose to a 1-month high last Friday of 4,356 lots.  

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