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Barchart
Barchart
Rich Asplund

Coffee Prices Supported by Supply Risks

Ice Brazil USDA Vietnam Cecafe the International Coffee Organization

March arabica coffee (KCH25) Monday closed up +2.70 (+0.89%), and January ICE robusta coffee (RMF25) closed up +125 (+2.51%).

Coffee prices on Monday extended their sharp 3-week-long rally, with March arabica posting a contract high and December arabica posting a 27-year nearest-futures high.  Meanwhile, January robusta coffee posted a 7-week high.

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