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Barchart
Barchart
Rich Asplund

Coffee Prices Tumble as Brazil’s Coffee Exports Rebound

Ice Brazil Cecafe Vietnam El Niño FAs

September arabica coffee (KCU26) today is down -13.60 (-4.16%), and September ICE robusta coffee (RMU26) is down -116 (-2.97%).

Coffee prices are moving sharply lower today, with arabica sliding to a 1-week low. Strength in Brazil’s coffee exports is weighing on prices today after Cecafe reported that Brazil’s Jun green coffee exports jumped +14.4% y/y to 2.64 million bags.

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