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Barchart
Barchart
Rich Asplund

Robusta Coffee Tumbles as Heavy Rain From Typhoon Ragasa Forecast to Miss Vietnam

Ice United States Brazil Vietnam Typhoon Ragasa Cecafe Conab FAs

December arabica coffee (KCZ25) today is up +0.75 (+0.20%), and November ICE robusta coffee (RMX25) is down -134 (-3.18%).

Coffee prices are mixed today, with robusta sharply lower at a 6-week low.   Tight ICE coffee inventories are supporting coffee prices.  However, robusta retreated today as the remnants of Typhoon Ragasa are forecast to miss the coffee-growing regions of Vietnam, easing concerns that heavy wind and rain could damage the country's coffee crops.

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