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Barchart
Rich Asplund

Coffee Prices Settle Sharply Higher on Smaller Brazilian Coffee Supplies

Ice Brazil USDA Vietnam Cecafe the International Coffee Organization

March arabica coffee (KCH25) Friday closed up +6.40 (+2.16%), and January ICE robusta coffee (RMF25) closed up +198 (+4.14%).

Coffee prices Friday extended their sharp 3-week-long rally, with March arabica posting a contract high and December arabica posting a new 13-year nearest-futures high.  Meanwhile, January robusta coffee climbed to a 1-1/2 month high.

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