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Barchart
Barchart
Rich Asplund

Coffee Prices Fall as the Global Supply Outlook Improves

Ice Robusta Brazil United States Vietnam FAs

March arabica coffee (KCH26) today is down -7.20 (-2.00%), and January ICE robusta coffee (RMF26) is down -86 (-2.13%).

Coffee prices extended their two-week-long slide today, with arabica falling to a 3-week low and robusta dropping to a 4-month low.  Ample rains in Brazil have eased concerns over coffee crop development and hammered prices after Climatempo said Monday that "intense and persistent rainfall" is expected this week in Brazil's coffee-growing regions.  

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