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Barchart
Barchart
Rich Asplund

Reduced Supply Concerns Pressure Coffee Prices

Ice Brazil Conab the USDA FAS USDA Vietnam Vietnam General Statistics Office Volcafe

May arabica coffee (KCK25) Wednesday closed down -7.00 (-1.78%), and May ICE robusta coffee (RMK25) closed down -44 (-0.79%).

Coffee prices posted moderate losses Wednesday as an increase in ICE coffee inventories eased supply concerns.  On Tuesday, ICE-monitored arabica coffee inventories rose to a 1-week high of 803,032 bags.  Meanwhile, ICE-monitored robusta coffee inventories rose to a 1-month high last Friday of 4,356 lots.  

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