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Barchart
Rich Asplund

Robusta Climbs on Global Supply Concerns While Arabica Moves Lower

Ice arabica Brazil USDA

July arabica coffee (KCN23) on Tuesday closed down -2.60 (-1.37%), and July ICE robusta coffee (RMN23) closed up +23 (+0.92%).

Coffee prices Tuesday settled mixed, with July robusta posting a contract high and nearest-futures (K23) robusta posting a 15-year high.  A stronger dollar Tuesday weighed on arabica prices while supply concerns boosted robusta prices.

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