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Barchart
Barchart
Rich Asplund

Coffee Prices Settle Lower as ICE Coffee Inventories Recover

Ice Brazil Vietnam the USDA FAS

May arabica coffee (KCK24) on Wednesday closed down -1.30 (-0.71%), and May ICE robusta coffee (RMK24) closed down -33 (-1.07%).

Coffee prices on Wednesday settled moderately lower.  A recovery in ICE-monitored coffee inventories Wednesday weighed on coffee prices after robusta inventories rose to a 2-week high and arabica inventories climbed to a 3-1/2 month high.  

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