
May arabica coffee (KCK26) on Thursday closed down -7.80 (-2.56%), and May ICE robusta coffee (RMK26) closed down -54 (-1.53%).
Coffee prices fell sharply on Thursday amid pressure from a stronger dollar. The dollar index ($DXY) recovered from a 6-week low on Thursday and moved higher, sparking long liquidation in coffee futures. Losses in robusta coffee were limited amid tightness in current supplies as ICE robusta inventories fell to a 1.25-year low of 3,867 lots on Thursday.