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Rich Asplund

INSANE: Coffee prices fall back as ice coffee inventories recover | Vintage Vibes

Ice Brazil Vietnam the USDA FAS International Coffee Organization Vietnam General Statistics Office

May arabica coffee (KCK24) this morning is down -2.45 (-1.31%), and May ICE robusta coffee (RMK24) is down -12 (-0.38%).

Coffee prices this morning are moderately lower. A rebound in ICE-monitored coffee supplies is undercutting coffee prices. On Monday, ICE-monitored arabica inventories rose to a 4-month high of 371,107 bags. Also, ICE-monitored robusta coffee inventories climbed to a 3-week high last Wednesday.

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