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Barchart
Barchart
Rich Asplund

Coffee Prices Fall Back as 3-Session Rally Stalls

Ice Brazil United States Vietnam arabica

September arabica coffee (KCU25) today is down -4.60 (-1.43%), and September ICE robusta coffee (RMU25) is up +8 (+0.21%).

NY coffee prices are trading lower today on some long liquidation pressure after initially extending Monday's rally to a 1.75-month high.  Coffee prices rallied starting last Wednesday when Brazil's Trade Ministry reported that Brazil's July unroasted coffee exports fell -20.4% y/y to 161,000 MT.  

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