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Barchart
Barchart
Rich Asplund

Coffee Prices Surge on Smaller Brazilian Coffee Supplies

Ice Brazil USDA Vietnam Cecafe the International Coffee Organization

March arabica coffee (KCH25) today is up +7.50 (+2.54%), and January ICE robusta coffee (RMF25) is up +187 (+3.91%).

Coffee prices today extended their sharp 3-week-long rally, with March arabica posting a contract high and December arabica posting a new 13-year nearest-futures high.  Meanwhile, January robusta coffee climbed to a 1-1/2 month high.

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