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Barchart
Rich Asplund

Coffee Prices Post Moderate Losses as Supply Concerns Ease

Ice Brazil USDA Vietnam ICO the International Coffee Organization Volcafe

March arabica coffee (KCH25) Tuesday closed down -4.00 (-1.23%), and March ICE robusta coffee (RMH25) closed down -39 (-0.80%).

Coffee prices posted moderate losses on Tuesday, with robusta sliding to a 2-week low.  Robusta coffee is under pressure on negative carryover from last Friday when the General Department of Vietnam Customs reported that Vietnam Dec coffee exports surged +102.6% y/y to 127,655 MT.  

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