
March arabica coffee (KCH26) on Thursday closed up +2.10 (+0.59%). March ICE robusta coffee (RMH26) closed up +48 (+1.21%).
Coffee prices recovered from early losses on Thursday and settled higher after updated weather forecasts reduced the likelihood of rain in Brazil's coffee-growing areas over the next week. Coffee prices initially moved lower on Thursday, with arabica posting a 1.5-week low after the dollar index (DXY00) rallied to a 6-week high.