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Barchart
Barchart
Rich Asplund

Demand Concerns Spark Long Liquidation Pressures in Coffee Futures

Ice Brazil JM Smucker Cecafe United States Vietnam arabica FAs

December arabica coffee (KCZ25) today is down -7.90 (-2.05%), and November ICE robusta coffee (RMX25) is down -51 (-1.05%).

Coffee prices fell back from 3.5-month highs today and turned sharply lower.  Long liquidation weighed on coffee prices today after JM Smucker announced that it will hike coffee prices again to keep up with higher tariffs, sparking fears that the higher prices will undercut consumer demand for coffee.

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