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Barchart
Barchart
Rich Asplund

Robusta Coffee Jumps to a 2-Week High on Vietnam Supply Concerns

March arabica coffee (KCH25) today is up +1.60 (+0.49%), and March ICE robusta coffee (RMH25) is up +136 (+2.78%).

Coffee prices today are climbing, with robusta sharply higher at a 2-week high.  Robusta coffee is soaring today and lifting arabica prices on concerns that supplies from Vietnam, the world's largest robusta producer, will shrink as the country prepares for the Lunar New Year holiday later this month, which typically disrupts bean supply.

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