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Barchart
Rich Asplund

Robusta Coffee Climbs on Tighter ICE Inventories

Ice Brazil USDA Vietnam Volcafe the International Coffee Organization

March arabica coffee (KCH25) today is down -0.60 (-0.19%), and January ICE robusta coffee (RMF25) is up +65 (+1.25%).

Coffee prices today are mixed.  Arabica coffee gave up an early advance and turned slightly lower after the dollar index rallied to a 2-1/2 week high.  However, robusta moved higher on signs of tighter supplies after ICE-monitored robusta coffee inventories today fell to a 7-1/2 month low of 3,674 lots.  

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