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Rich Asplund

Coffee Prices Supported as Global Supplies Decline

Ice Brazil the International Coffee Organization United States Vietnam Conab FAs

December arabica coffee (KCZ25) on Monday closed up +6.95 (+1.70%), and January ICE robusta coffee (RMF26) closed down -25 (-0.54%).

Coffee prices settled mixed on Monday. Coffee prices were supported on Monday on signs of tighter global supplies after the International Coffee Organization (ICO) reported that global coffee exports for the current marketing year (Oct-Sep) fell -0.3% y/y to 138.658 million bags.

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