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Barchart
Barchart
Rich Asplund

Coffee Prices Rebound from 2-week Lows

Ice Brazil Vietnam USDA Safras Mercado the USDA FAS Volcafe

September arabica coffee (KCU24) is up +2.05 (+0.89%), and Sep ICE robusta coffee (RMU24) is up +43 (+0.99%).

Coffee prices today are rebounding higher on some short-covering after the sharp sell-off seen in the past 2 weeks to new 2-week lows early today.  Coffee prices are seeing support today from the slightly weaker dollar and the lack of rain last week in Brazil.

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