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Barchart
Barchart
Rich Asplund

Coffee Prices Settle Lower as Brazil's Coffee Exports Climb

Ice Brazil Cecafe Vietnam Robusta ICO USDA FAS

Dec arabica coffee (KCZ23) on Tuesday closed down -2.20 (-1.23%), and Jan ICE robusta coffee (RMF24) closed down -29 (-1.16%).

Coffee prices on Tuesday settled moderately lower.   An increase in Brazil's coffee exports knocked prices lower Tuesday after exporter group Cecafe reported Brazil's Oct green coffee exports jumped +24% y/y to 4 million bags.

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