Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

THE TRUTH ABOUT: Coffee prices underpinned by tight supplies - The Untold Story

Ice Brazil arabica Deficit Vietnam Cecafe Colombia El Nino Rabobank USDA FAS

Sep arabica coffee (KCU23) on Wednesday closed up +2.40 (+1.46%), and Sep ICE robusta coffee (RMU23) closed up +39 (+1.48%).

Coffee prices Wednesday settled moderately higher, with arabica posting a 5-week high.   Coffee prices are climbing on signs of ever-tighter supplies.  ICE-monitored robusta coffee inventories on Wednesday fell to a record low of 5,131 lots (data history back to 2016).  Also, ICE-monitored arabica coffee inventories Wednesday dropped to an 8-1/4 month low of 528,002 bags.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Self-Described UFO Expert Claims NASA Image Shows a Massive Alien Ship Moving at 'Tremendous Speed'
Self-described UFO expert Scott C Waring says a rectangular shape in a solar image is a huge alien spacecraft, but its size, speed and nature remain unverified.
International Business Times UK
International Business Times UK
Florida woman can barely open her eyes after anesthesia. Then a nurse reaches over and straightens her head: ‘Hold your head up’
Nurses moved a groggy patient to a chair
We Got This Covered
We Got This Covered
UT Austin student heads for a ‘free matcha’ sign near campus. Then she sees whose building it is and covers her mouth
She nearly went in.
We Got This Covered
We Got This Covered
A$AP Rocky Makes Cheeky Rihanna Confession After Son Riot Joins Him on Stage
A$AP Rocky said his three-year-old son Riot 'stole' a moment during the rapper's Copenhagen tour performance, after Rihanna brought the toddler on stage at the Royal Arena.
International Business Times UK
International Business Times UK
For centuries, bird migration was a mystery – a tech revolution is changing that, and could help save these amazing creatures
For more than 2,000 years, scientists have scratched their heads over one of the most basic mysteries of the natural world: Where do birds go?
The Conversation
The Conversation
The Elizabeth Holmes Documentary You Can See Everything Is an Act of Radical Empathy
The high-concept documentary from Nathan Fielder and Lance Oppenheim offers surprising generosity to a Big Tech villain without fully excusing her crimes.
Reason
Reason
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play