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Barchart

Rich Asplund

UNCOVERED: Robusta coffee rallies to another record high - Caught on Camera

Ice Brazil Deficit Cooxupe NY Rabobank Somar Meteorologia the US Climate Prediction Center USDA FAS Vietnam

July arabica coffee (KCN23) today is up +1.40 (+0.83%), and July ICE robusta coffee (RMN23) is up +29 (+1.00%).

NY arabica coffee today matched March's 5-month low, but then recovered for a moderate gain. Meanwhile, July robusta today rallied to post a new record high (data since 2008) on the generally tight robusta supply situation.

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