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Barchart
Barchart
Rich Asplund

Coffee Prices Plunge as Rain Forecasts for Brazil Fuel Long Liquidation Pressure

Ice Brazil Robusta Cecafe United States Vietnam Conab FAs

December arabica coffee (KCZ25) today is down -27.70 (-6.77%), and November ICE robusta coffee (RMX25) is down -321 (-6.71%).

Coffee prices today are sharply lower, with arabica dropping to a 1-week low.  Long liquidation pressures are hammering coffee prices, spurred on by forecasts for showers in Brazil's coffee-growing regions beginning next week.

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