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Barchart

Rich Asplund

REVEALED: Coffee prices retreat on rain forecasts for brazil e3015648 40eb 46f5 8774 5695ec1c5eb6 | Vintage Vibes

Ice Brazil Climatempo United States Vietnam Conab FAs

December arabica coffee (KCZ25) on Tuesday closed down -5.95 (-1.56%), and November ICE robusta coffee (RMX25) closed down -57 (-1.27%).

Coffee prices retreated for a second day on Tuesday. Forecasts for rain in Brazil's coffee-growing areas are weighing on prices after Climatempo reported Tuesday that rainfall is expected to spread from São Paulo to Minas Gerais this week, with some locations expected to receive more than 30 mm of rain.

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