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Barchart
Barchart
Rich Asplund

Robusta Coffee Posts a New Record High on Coffee Crop Concerns in Vietnam

July arabica coffee (KCN24) on Wednesday closed up +4.05 (+1.83%), and May ICE robusta coffee (RMK24) closed up +273 (+6.46%).

Coffee prices Wednesday moved higher, with robusta soaring to a new record high.   Robusta coffee surged Wednesday on concerns about tight robusta supplies from Vietnam.  Arabica coffee rose Wednesday on carryover support from the rally in robusta to an all-time high.

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