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Barchart
Barchart
Rich Asplund

YOU WONT BELIEVE: Coffee prices settle higher on global weather risks - You Need To See This

September arabica coffee (KCU26) closed up +2.80 (+0.86%) on Wednesday, and September ICE robusta coffee (RMU26) closed up +37 (+0.96%).

Coffee prices settled higher on Wednesday, with robusta climbing to a 1-week high. Robusta coffee moved higher on Wednesday after rain chances were reduced for Vietnam’s Central Highlands, the country’s main coffee-producing region. Vietnam’s Central Highlands monsoon season runs from May to October.

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