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Barchart
Rich Asplund

Coffee Prices Rally on Signs of Tighter Supplies

Ice Brazil USDA United States Vietnam

September arabica coffee (KCU25) today is up +9.00 (+3.02%), and September ICE robusta coffee (RMU25) is up +96 (+2.81%).

Coffee prices today extended this week's rally and posted 3-week highs.  Signs of tighter coffee supplies are supporting prices after Brazil's Trade Ministry reported Wednesday that Brazil's July unroasted coffee exports fell -20.4% y/y to 161,000 MT.  

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