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Barchart
Rich Asplund

Coffee Prices Slide as the Brazilian Real Weakens

Ice Brazil United States Vietnam Cecafe Conab FAs

December arabica coffee (KCZ25) today is down -7.30 (-1.90%), and November ICE robusta coffee (RMX25) is down -104 (-2.35%).

Coffee prices gave up an early advance today and turned sharply lower due to weakness in the Brazilian real (^USDBRL).  Long liquidation emerged in coffee futures today after the real tumbled to a 2.5-week low against the dollar, which encourages export selling from Brazil's coffee producers.

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