News
Coffee Prices Plunge on Projections for Abundant Global Supplies
2+ hour, 32+ min ago (228+ words) May arabica coffee (KCK26) on Tuesday closed down -11.95 (-4.01%), and May ICE robusta coffee (RMK26) closed down -133 (-3.86%). The closure of the Strait of Hormuz has disrupted global shipping and tightened global coffee supplies. "The closure of the waterway has increased global shipping rates,…...
Coffee Prices Tumble on Abundant Global Supplies
5+ hour, 11+ min ago (226+ words) May arabica coffee (KCK26) today is down -11.80 (-3.96%), and May ICE robusta coffee (RMK26) is down -115 (-3.34%). The closure of the Strait of Hormuz has disrupted global shipping and tightened global coffee supplies. "The closure of the waterway has increased global shipping rates, insurance,…...
Brazilian Real Strength Lifts Arabica Coffee Prices
1+ day, 2+ hour ago (300+ words) May arabica coffee (KCK26) on Monday closed up +2.65 (+0.90%), and May ICE robusta coffee (RMK26) did not trade with UK markets closed for the Easter Monday holiday. Arabica coffee moved higher on Monday amid strength in the Brazilian real (^USDBRL). "The real rose…...
Coffee Prices Fall on Dollar Strength and Favorable Brazil Crop Outlook
5+ day, 2+ hour ago (227+ words) May arabica coffee (KCK26) on Thursday closed down -2.40 (-0.81%), and May ICE robusta coffee (RMK26) closed down -73 (-2.07%). The closure of the Strait of Hormuz has disrupted global shipping and tightened global coffee supplies. "The closure of the waterway has increased global shipping rates,…...
Dollar Strength and Favorable Brazil Crop Outlook Weigh on Coffee Prices
5+ day, 5+ hour ago (223+ words) May arabica coffee (KCK26) today is down -0.95 (-0.32%), and May ICE robusta coffee (RMK26) is down -48 (-1.36%). Tightness in robusta coffee supplies is supporting prices. "ICE robusta inventories fell to a 3.5-month low of 4,093 lots on Wednesday. The closure of the Strait of Hormuz…...
Arabica Coffee Prices Slip on Improved Crop Outlook in Brazil
6+ day, 2+ hour ago (267+ words) May arabica coffee (KCK26) on Wednesday closed down -0.55 (-0.18%), and May ICE robusta coffee (RMK26) closed up +28 (+0.80%). However, robusta coffee moved higher on Wednesday, as tightness in robusta supplies is supporting prices. "ICE robusta inventories fell to a 3.5-month low of 4,093 lots on…...
Coffee Prices Sharply Higher on Brazilian Real Strength
1+ week, 2+ hour ago (263+ words) May arabica coffee (KCK26) on Tuesday closed up +5.80 (+1.98%), and May ICE robusta coffee (RMK26) closed up +74 (+2.16%). Coffee prices rallied sharply on Tuesday as a rally in the Brazilian real (^USDBRL) to a 2-week high has sparked short covering in coffee futures. "The…...
Strength in the Brazilian Real Sparks Short-Covering in Coffee Futures
1+ week, 5+ hour ago (262+ words) May arabica coffee (KCK26) today is up +3.40 (+1.16%), and May ICE robusta coffee (RMK26) is up +77 (+2.25%). Coffee prices are moving sharply higher today as a rally in the Brazilian real (^USDBRL) to a 1.5-week high has sparked short covering in coffee futures. "The…...
Coffee Prices Retreat on an Improved Global Supply Outlook
1+ week, 1+ day ago (248+ words) May arabica coffee (KCK26) on Monday closed down -9.15 (-3.03%), and May ICE robusta coffee (RMK26) closed down -174 (-4.84%). Losses in coffee prices accelerated on Monday after the dollar index ($DXY) jumped to a 10.5-month high. Signs of tighter supplies are supportive for robusta coffee…...
Coffee Prices Pressured by the Outlook for a Record Brazil Coffee Crop
1+ week, 1+ day ago (224+ words) May arabica coffee (KCK26) today is down -7.35 (-2.44%), and May ICE robusta coffee (RMK26) is down -159 (-4.43%). Signs of tighter supplies are supportive for robusta coffee after ICE robusta inventories fell to a 3.5-month low of 4,109 lots today. The closure of the Strait of…...