Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
or
Menu

Coffee Mar '19 (KCH19)

Get Real-Time Futures
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [ICE/US]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
All Futures Contracts for [[ item.sessionDateDisplayLong ]]
[[ timeframe ]] futures price quotes as of Thu, Jan 24th, 2019.
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.

Coffee Futures Market News and Commentary

Coffee Market News and Commentary

March arabica coffee (KCH19) on Wednesday closed up +0.05 (+0.05%) and March ICE robusta coffee (RMH19) closed up +7 (+0.46%). Coffee prices moved higher Wednesday after strength in the Brazilian real against the dollar spurred fund short covering in coffee futures. Strength in the Brazilian real discourages exports by Brazil’s coffee producers, thus curbing global coffee supplies. Gains were limited after Rabobank raised its Brazil 2018/19 arabica coffee export forecast to 44 mln bags from a previous estimate of 41 mln bags. Current supplies remain abundant as ICE-monitored coffee inventories Tuesday climbed to a 4-1/2 year high of 2.484 mln bags. Also, Cecafe reported Brazil Dec green coffee exports surged +27% y/y to 3.36 mln bags, the highest ever for a December. A negative for robusta coffee prices is the forecast from Vietnam's weather office that Vietnam's Central Highlands, the country's biggest coffee-producing region, will receive normal rainfall from Jan 22-31, which should boost robusta coffee yields in Vietnam, the world's biggest robusta producer. The downside in coffee prices may be limited after Conab, Brazil's official government forecasting agency, projected last Thursday that Brazil 2019/20 coffee production will fall -18% y/y to 50.5 mln bags as the crop moves into the lower-yielding half of a 2-year cycle. Also, the Green Coffee Association reported last Wednesday that U.S. Dec green coffee inventories fell -7.5% y/y to 6.13 mln bags. Robusta coffee has support on signs of smaller robusta supplies after Vietnam Dec robusta coffee exports fell -6.1% y/y to 153,906 MT. The outlook for a record coffee crop in Brazil is a major bearish factor for coffee prices with Conab recently raising its Brazil 2018/19 coffee production estimate to a record 61.7 mln bags (+37% y/y) from a Sep forecast of 59.9 mln bags.
  • Softs Report 01/23/19

    COTTON General Comments: Cotton was lower along with most of the US agricultural markets as a lack of progress in the government shutdown negotiations...

  • Keep An Eye On Cotton Prices

    A Bottom Could Be At Hand...

  • Is Cotton Interest Back

    Is Cotton Interest Back?

  • Softs Report 01/22/19

    COTTON General Comments: Cotton was higher last week and trends are turning up on the daily and the weekly charts. Weak overall demand continues [...]

  • Coffee Prices Higher On Lower Supplies

    Stay long...

  • Softs Report 01/18/19

    DJ U.S. Weighs Lifting China Tariffs to Hasten Trade Deal, Calm Markets By Bob Davis in Washington and Lingling Wei in Beijing U.S. [...]

Add Data Columns to this Table
Learn about our Custom Views
Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Read About Upcoming
Changes to This Feature
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar