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Barchart
Rich Asplund

Coffee Prices Mixed with Robusta Climbing on Dry Conditions in Vietnam

Ice Vietnam Arabica Brazil the USDA FAS the International Coffee Organization Volcafe

July arabica coffee (KCN24) today is down -1.50 (-0.64%), and July ICE robusta coffee (RMN24) is up +108 (+2.49%).

Coffee prices today are mixed, with robusta climbing to a 2-1/2 month high.  Arabica is under pressure today from weakness in the Brazilian real (^USDBRL), which fell to a 14-month low against the dollar today.  A weaker real encourages export selling by Brazil's coffee producers.  

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