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Barchart
Barchart
Rich Asplund

Coffee Prices Fall Back as ICE Coffee Inventories Recover

Ice Brazil Vietnam the USDA FAS International Coffee Organization Vietnam General Statistics Office

May arabica coffee (KCK24) this morning is down -2.45 (-1.31%), and May ICE robusta coffee (RMK24) is down -12 (-0.38%).

Coffee prices this morning are moderately lower.  A rebound in ICE-monitored coffee supplies is undercutting coffee prices.  On Monday, ICE-monitored arabica inventories rose to a 4-month high of 371,107 bags.  Also, ICE-monitored robusta coffee inventories climbed to a 3-week high last Wednesday.  

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