Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Coffee Prices Firm on Strength in the Brazilian Real

Dec arabica coffee (KCZ23) this morning is up +0.05 (+0.03%), and Nov ICE robusta coffee (RMX23) is up +45 (+1.85%).

Coffee prices this morning are moving higher, with robusta coffee climbing to a 1-week high.  Today's rally in the Brazilian real (^USDBRL) to a 1-1/2 week high is supporting coffee prices.  A stronger real discourages export selling from Brazil's coffee producers.  Gains in arabica are limited by coffee harvest pressures in Brazil.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.