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Barchart
Barchart
Rich Asplund

YOU WONT BELIEVE: Coffee prices slip on rain in brazil and increased ice robusta inventories - You Need To See This

Ice Brazil Vietnam USDA Deficit International Coffee Organization Volcafe

September arabica coffee (KCU24) today is down -1.40 (-0.57%), and Sep ICE robusta coffee (RMU24) is down -13 (-0.28%).

Coffee prices today are moderately lower.  Recent rain in Brazil has eased dryness concerns and is weighing on arabica prices.  Meanwhile, robusta is under pressure after ICE-monitored robusta coffee inventories rose to a 1-year high today of 6,119 lots, signaling increased supplies.

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