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Barchart
Barchart
Rich Asplund

Strength in Brazil’s Coffee Exports Slams Coffee Prices

Ice Brazil Cecafe Vietnam El Niño FAs

September arabica coffee (KCU26) on Thursday closed down -14.15 (-4.33%), and September ICE robusta coffee (RMU26) closed down -114 (-2.91%).

Coffee prices settled sharply lower on Thursday, with arabica sliding to a 1-week low. Strength in Brazil’s coffee exports weighed on prices on Thursday after Cecafe reported that Brazil’s Jun green coffee exports jumped +14.4% y/y to 2.64 million bags.

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