Coffee Prices Decline On Brazilian Real Weakness And Brazil Harvest PressuresSep arabica coffee (KCU23) this morning is down -3.00 (-1.82%), and Sep ICE robusta coffee (RMU23) is down -35 (-1.32%).
Coffee Prices Continue The Sharp Sell-OffJuly arabica coffee (KCN23) today are down -2.65 (-1.60%), and July ICE robusta coffee (RMN23) is down -43 (-1.53%).
Coffee Prices Fall On Economic Gloom And Favorable Brazilian WeatherNY arabica coffee Friday extended this week's sell-off to a 3-month low, while robusta remained above Wednesday's 1-1/2 week low.
Arabica Coffee Prices Remain Weak On Favorable Brazilian WeatherJuly arabica coffee (KCN23) today are down -0.40 (-0.23%), and July ICE robusta coffee (RMN23) is up +14 (+0.51%).
Arabica Coffee Closes Moderately Lower On Brazil Coffee Harvest PressuresJuly arabica coffee (KCN23) on Tuesday closed down -2.80 (-1.51%), and July ICE robusta coffee (RMN23) closed up +7 (+0.26%).
Coffee Prices Close Lower As Stronger Dollar Sparks Long LiquidationJuly arabica coffee (KCN23) on Friday closed down -4.20 (-2.16%), and July ICE robusta coffee (RMN23) closed down -32 (-1.16%).
El Nino Fears Weigh on CoffeeArabica coffee futures traded around $1.9 per lb, not far from the six-month high of $2.05 reached on April 18th, amid heightened crop concerns after a report said the El Nino weather pattern was already happening, posing risks to global production.
Coffee Prices Surge As An El Nino Weather Pattern DevelopsJuly arabica coffee (KCN23) this morning is up +9.00 (+4.85%), and July ICE robusta coffee (RMN23) is up +83 (+3.10%).
Robusta Coffee Rallies To A 2-Week High On Increased Demand From RoastersJuly arabica coffee (KCN23) this morning is up +2.05 (+1.12%), and July ICE robusta coffee (RMN23) is up +57 (+1.87%).
Short squeeze seen in arabica coffee futures as exchange stocks fallThe arabica coffee futures market at the International Exchange (ICE) could experience a squeeze on investors holding short positions for the July or September contracts as certified exchange stocks fall to very low levels, an analyst said on Thursday.