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Rich Asplund

BIZARRE: Coffee prices fall back on dollar strength - You Need To See This

Ice Vietnam El Nino ICO the US Climate Prediction Center USDA FAS

Dec arabica coffee (KCZ23) on Tuesday closed down -0.85 (-0.56%), and Nov ICE robusta coffee (RMX23) closed down -9 (-0.37%).

Coffee prices on Tuesday settled moderately lower, with robusta coffee falling to a 2-1/2 week low.  A stronger dollar Tuesday weighed on coffee prices.   Also, a slight rebound in robusta coffee inventories is weighing on robusta prices after ICE-monitored robusta coffee inventories Monday climbed to a 2-1/2 week high.

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