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Barchart
Barchart
Rich Asplund

Coffee Prices Retreat as ICO Reports Abundant Coffee Exports

Ice Brazil the International Coffee Organization Cecafe United States Vietnam Conab FAs

December arabica coffee (KCZ25) today is down -6.40 (-1.64%), and November ICE robusta coffee (RMX25) is down -19 (-0.42%).

Coffee prices are under pressure today on signs of adequate coffee supplies.  The International Coffee Organization (ICO) reported today that global coffee exports for the current marketing year (Oct-Aug) are up +0.2% y/y to 127.92 million bags.

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