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Barchart
Rich Asplund

Robusta Coffee Rallies to Another Record High

Ice Brazil Deficit Cooxupe NY Rabobank Somar Meteorologia the US Climate Prediction Center USDA FAS Vietnam

July arabica coffee (KCN23) today is up +1.40 (+0.83%), and July ICE robusta coffee (RMN23) is up +29 (+1.00%).

NY arabica coffee today matched March's 5-month low, but then recovered for a moderate gain.  Meanwhile, July robusta today rallied to post a new record high (data since 2008) on the generally tight robusta supply situation.  

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