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Barchart
Barchart
Rich Asplund

Coffee Prices Undercut by a Stronger Dollar

Ice Brazil Cecafe United States Vietnam Conab FAs

December arabica coffee (KCZ25) on Tuesday closed down -3.05 (-0.79%), and November ICE robusta coffee (RMX25) closed down -59 (-1.33%).

Coffee prices gave up an early advance on Tuesday and moved lower, with arabica falling from a 4-month high.  Dollar strength (DXY00) on Tuesday sparked profit-taking and long liquidation in coffee futures.  

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