HISTORICAL FACTS: 7 | History Defined

Dollar Strength and the Outlook for Rain in Brazil Undercuts Coffee Prices

December arabica coffee (KCZ24 ) Thursday closed down -2.85 (-1.10%), and November ICE robusta coffee (RMX24 ) closed down -174 (-3.58%). Coffee prices Thursday settled lower, with robusta coffee falling sharply to a 6-week low. Thursday's rally in the dollar index (DXY00 ) to a 2-1/2 month high sparked long...

Barchart · Oct 17, 2024

Arabica Coffee Finishes Higher as Rain Chances Slip for Brazil’s Minas Gerais

December arabica coffee (KCZ24 ) Wednesday closed up +1.30 (+0.51%), and November ICE robusta coffee (RMX24 ) closed down -50 (-1.02%). Coffee prices Wednesday settled mixed. Short covering emerged in coffee futures Wednesday, with arabica climbing into positive territory after updated weather forecasts reduced the chance of rain this weekend...

Barchart · Oct 16, 2024

Coffee Prices Slip on Rain in Brazil and Weakness in the Brazilian Real

December arabica coffee (KCZ24 ) today is down -0.15 (-0.06%), and November ICE robusta coffee (RMX24 ) is down -53 (-1.08%). Coffee prices today are moderately lower on forecasts for rain in Brazil. Meteorologist Climatempo said Brazil's top coffee-producing areas should receive large amounts of rain starting this weekend, easing...

Barchart · Oct 16, 2024

Coffee Prices Edge Lower on Weakness in the Brazilian Real

December arabica coffee (KCZ24 ) today is down -0.90 (-0.35%), and November ICE robusta coffee (RMX24 ) is down -39 (-0.79%). Coffee prices today are slightly lower on weakness in the Brazilian real (^USDBRL ). The real fell to a 1-month low today, encouraging export selling from Brazil's coffee producers....

Barchart · Oct 11, 2024

Coffee Prices Finish Higher as Coffee Inventories Tighten

December arabica coffee (KCZ24 ) Thursday closed up +4.70 (+1.88%), and November ICE robusta coffee (RMX24 ) closed up +49 (+1.01%). Coffee prices rose Thursday on tightness in coffee inventories. ICE-monitored arabica coffee inventories fell to a 4-month low of 795,874 bags last Thursday, and ICE-monitored robusta coffee inventories fell...

Barchart · Oct 10, 2024

Tighter Global Coffee Inventories Supports Prices

December arabica coffee (KCZ24 ) today is up +4.20 (+1.68%), and November ICE robusta coffee (RMX24 ) is up +43 (+0.88%). Coffee prices today are climbing on concerns about tightness in coffee inventories. ICE-monitored arabica coffee inventories fell to a 4-month low of 795,874 bags last Thursday, and ICE-monitored robusta...

Barchart · Oct 10, 2024

Coffee Prices Post Moderate Gains on Tight Supplies

December arabica coffee (KCZ24 ) Wednesday closed up +1.85 (+0.75%), and November ICE robusta coffee (RMX24 ) closed up +9 (+0.19%). Coffee prices posted moderate gains on Wednesday, with robusta recovering from a 1-month low. Tightness in coffee inventories is supportive of prices. ICE-monitored arabica coffee inventories fell to a...

Barchart · Oct 9, 2024

Tight ICE Inventories Support Coffee Prices

December arabica coffee (KCZ24 ) today is up +2.35 (+0.95%), and November ICE robusta coffee (RMX24 ) is up +44 (+0.91%). Coffee prices today are moderately higher, with robusta recovering from a 1-month low. Tightness in coffee inventories is supportive of prices. ICE-monitored arabica coffee inventories fell to a 4-month...

Barchart · Oct 9, 2024

Coffee Prices Settle Mixed on Short Covering

December arabica coffee (KCZ24 ) Tuesday closed up +3.55 (+1.45%), and November ICE robusta coffee (RMX24 ) closed down -12 (-0.25%). Coffee prices Tuesday settled mixed, with robusta falling to a 1-month low. Arabica coffee moved higher Tuesday on some short covering following Monday's plunge when NY arabica coffee fell...

Barchart · Oct 8, 2024

Mild Short Covering Lifts Coffee Prices after Monday's Plunge

December arabica coffee (KCZ24 ) today is up +2.35 (+0.96%), and November ICE robusta coffee (RMX24 ) is up +1 (+0.02%). Coffee prices today are moderately higher on some mild short covering following Monday's plunge when NY arabica coffee fell by -4.93% and ICE robusta coffee fell by -3.93%. Gains...

Barchart · Oct 8, 2024