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Barchart
Barchart
Rich Asplund

Coffee Prices Slump as Brazil Avoids Frost

Ice Brazil Vietnam Climatempo ICO USDA Cecafe the USDA FAS Volcafe

September arabica coffee (KCU24) on Tuesday closed down -8.15 (-3.38%), and Sep ICE robusta coffee (RMU24) closed down -157 (-3.46%).

Coffee prices Tuesday settled sharply lower on long liquidation pressures as frost risks in Brazil subsided after Climatempo said temperatures in Brazil will climb this week and the risk of frost remains low.  Coffee prices rallied sharply Monday after Rural Clima said widespread frost may occur Tuesday in Brazil's coffee-growing areas.  

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