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Barchart

Rich Asplund

THE TRUTH ABOUT: Falling ice inventories boost arabica coffee prices - Caught on Camera

Ice Brazil USDA Colombia Vietnam

December arabica coffee (KCZ26) closed up +3.20 (+1.03%) on Friday, and November ICE robusta coffee (RMX26) closed down -26 (-0.73%).

Coffee prices settled mixed on Friday as they consolidated above Thursday’s lows. Arabica has support on tight supplies after ICE arabica coffee inventories fell to a 27-year low on Friday. Robusta coffee is under pressure after ICE robusta coffee inventories jumped to a 9-month high on Tuesday.

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