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Barchart
Barchart
Rich Asplund

Coffee Prices Gain as Lower Prices Spark Demand

Ice Brazil FAs

March arabica coffee (KCH26) on Friday closed up +0.40 (+0.13%), and March ICE robusta coffee (RMH26) closed up +24 (+0.63%).

Coffee prices moved higher for a second day on Friday, with robusta posting a 1-week high.  This week's slump in coffee prices to 6-month lows has sparked buying interest from coffee roasters, pushing prices higher, as they seek to rebuild low inventories.  

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