December arabica coffee (KCZ25) on Thursday closed up +5.20 (+1.38%), and November ICE robusta coffee (RMX25) closed down -3 (-0.07%).
Coffee prices settled mixed on Thursday, with robusta sliding to a 1-week low. Forecasts for showers next week in Brazil's coffee-growing regions are weighing on coffee prices. However, arabica prices moved higher Thursday as strength in the Brazilian real (^USDBRL) sparked short covering in arabica futures. The real rallied to a 15-month high against the dollar on Thursday, discouraging export sales from Brazil's coffee producers.
