Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Coffee Prices Retreat as the Brazilian Real Falls

March arabica coffee (KCH26) today is down -14.50 (-3.95%), and March ICE robusta coffee (RMH26) is down -142 (-3.32%).

Coffee prices gave up an early advance today and fell sharply after the Brazilian real (^USDBRL) retreated from a 20-month high and turned lower, sparking long liquidation in coffee futures.  The weaker real encourages export sales by Brazil's coffee producers.  Arabica coffee initially climbed to a 2.5-week high today, and robusta rose to a 1.75-month high before turning sharply lower.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.