March arabica coffee (KCH25) Friday closed up +1.20 (+0.37%), and March ICE robusta coffee (RMH25) closed up +117 (+2.39%).
Coffee prices Friday settled higher, with robusta rallying sharply to a 2-week high. Robusta coffee soared Friday and lifted arabica prices on concerns that supplies from Vietnam, the world's largest robusta producer, will shrink as the country prepares for the Lunar New Year holiday later this month, which typically disrupts bean supply.
