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Rich Asplund

Robusta Coffee Rallies on Dry Conditions in Vietnam

Vietnam Ice Vaisala Brazil FAs StoneX

July arabica coffee (KCN26) on Friday closed down -1.05 (-0.38%), and July ICE robusta coffee (RMN26) closed up +57 (+1.68%).

Coffee prices on Friday settled mixed. Robusta rose sharply amid dry weather in Vietnam, which is raising concerns about the country's robusta coffee crop. Weather forecaster Vaisala said recent showers in Vietnam's Central Highlands, the country's main growing region, have been spotty, and more rain is needed to aid cherry growth.

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