
December arabica coffee (KCZ25) on Friday closed up +10.75 (+2.78%), and November ICE robusta coffee (RMX25) closed up +80 (+1.77%).
Coffee prices rallied sharply on Friday, with arabica posting a 4-month high and robusta posting a 1.5-week high. The lack of rain in Brazil's coffee-growing regions ahead of the critical flowering period for coffee trees is underpinning coffee prices. Somar Meteorologia reported Monday that Brazil's largest arabica coffee-growing area, Minas Gerais, received no rain during the week ended September 6.