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Barchart
Barchart
Rich Asplund

MYSTERIOUS: Coffee prices settle mixed and consolidate monday s sharp losses - You Need To See This

September arabica coffee (KCU24) on Tuesday closed up +1.45 (+0.60%), and Sep ICE robusta coffee (RMU24) closed down -11 (-0.24%).

Coffee prices Tuesday settled closed mixed as they consolidated Monday's sharp losses.  Robusta gave up an early advance and turned lower after ICE-monitored robusta coffee inventories rose to a 1-year high Tuesday of 6,098 lots, signaling increased supplies.

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