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Barchart
Barchart
Rich Asplund

Coffee Prices Finish Sharply Higher on Global Supply Concerns

Ice Brazil Vietnam International Coffee Organization USDA

May arabica coffee (KCK24) on Thursday closed up +5.90 (+3.17%), and May ICE robusta coffee (RMK24) closed up +72 (+2.18%).

Coffee prices on Thursday rallied sharply, with May arabica posting a 2-1/4 month high and May robusta posting a contract high.  Also, nearest-futures (H24) robusta soared to a new record high.

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