March arabica coffee (KCH25) today is down -0.90 (-0.28%), and March ICE robusta coffee (RMH25) is down -70 (-1.39%).
Arabica coffee prices today are moderately lower, with arabica coffee falling to a 1-1/2 week low and robusta dropping to a 3-week low. Coffee prices have been under pressure this week from an increase in current supplies after ICE-monitored arabica coffee inventories on Monday climbed to a 2-1/2 year high of 990,395 bags. Also, ICE-monitored robusta coffee inventories today rose to a 2-1/2 month high of 4,286 lots.
