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Barchart
Barchart
Rich Asplund

Coffee Prices Supported by Weather Concerns in Brazil and Vietnam

Ice Vietnam Brazil the USDA FAS ICO

July arabica coffee (KCN24) this morning is up +2.70 (+1.20%), and July ICE robusta coffee (RMN24) is up +61 (+1.43%).

Coffee prices this morning are moderately higher, with July robusta posting a new contract high.  Robusta coffee prices are seeing support from concern about tight robusta supplies from Vietnam.  Dry conditions in Brazil are supporting arabica coffee prices.

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