
May arabica coffee (KCK26) on Tuesday closed down -3.20 (-1.10%), and May ICE robusta coffee (RMK26) closed down -25 (-0.72%).
Coffee prices settled lower on Tuesday, with arabica falling to a 7-week low. Expectations of a record Brazilian coffee crop are weighing on prices. Signs of tighter supplies limited losses on robusta coffee after ICE robusta inventories fell to a 16-month low of 3,788 lots on Monday.