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Rich Asplund

EXPLAINED: Coffee prices pressured by brazilian real weakness | Vintage Vibes

Ice Brazil United States Vietnam European Union FAs

March arabica coffee (KCH26) today is down -5.10 (-1.34%), and January ICE robusta coffee (RMF26) is down -11 (-0.26%).

Coffee prices are under pressure today, with robusta falling to a 2-week low.  Arabica prices are sliding today due to weakness in the Brazilian real.  The real (^USDBRL) tumbled to a 7-week low against the dollar today, encouraging export sales from Brazil's coffee producers.  

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