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Barchart
Rich Asplund

UNCOVERED: Easing supply risks undercut coffee prices - The Untold Story

Ice BI Brazil Vietnam FAs StoneX

May arabica coffee (KCK26) on Tuesday closed down -3.20 (-1.10%), and May ICE robusta coffee (RMK26) closed down -25 (-0.72%).

Coffee prices settled lower on Tuesday, with arabica falling to a 7-week low.  Expectations of a record Brazilian coffee crop are weighing on prices.  Signs of tighter supplies limited losses on robusta coffee after ICE robusta inventories fell to a 16-month low of 3,788 lots on Monday.

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