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Rich Asplund

MYSTERIOUS: Coffee prices tumble as global supply concerns ease | Mind Blowing Facts

Ice Arabica Brazil Brazil Mar FAs Iran StoneX Strait of Hormuz Vietnam

May arabica coffee (KCK26) today is down -6.75 (-2.28%), and May ICE robusta coffee (RMK26) is down -87 (-2.50%).

Coffee prices are tumbling today, with arabica falling to a 1-week low.  Coffee prices fell today after Iran said the Strait of Hormuz is now reopened, which should restore normal shipping flows and ease global coffee supply concerns.

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