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Barchart
Rich Asplund

Rise in Brazil's Green Coffee Exports Weighs on Arabica Prices

Ice Brazil Cecafe USDA Vietnam the International Coffee Organization

December arabica coffee (KCZ24) Wednesday closed down -0.55 (-0.22%), and November ICE robusta coffee (RMX24) closed up +111 (+2.27%).

Coffee prices Wednesday settled mixed, with robusta posting a 1-1/2 week high.  Arabica coffee was under pressure Wednesday on larger exports from Brazil after Cecafe reported late Tuesday that Brazil's Aug green coffee exports rose +1.4% y/y to 3.41 million bags.  

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