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Barchart
Rich Asplund

Coffee Prices Underpinned by Weather Concerns in Brazil and Vietnam

Ice Vietnam Brazil the USDA FAS the International Coffee Organization Volcafe

July arabica coffee (KCN24) today is up +2.30 (+0.99%), and July ICE robusta coffee (RMN24) is down -16 (-0.36%).

Coffee prices today are mixed.  Arabica and robusta coffee today posted 6-week highs on weather concerns in Brazil and Vietnam.  However, robusta gave up its gains and turned lower as  long liquidation pressures emerged after  ICE-monitored robusta coffee inventories today rose to a 10-month high of 5,167 lots.  

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