Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Limited Rain Chances in Brazil Boost Coffee Prices

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.