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Coffee May '23 (KCK23)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [ICE/US]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Coffee Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Coffee prices and Coffee futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Tue, May 21st, 2024.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Coffee Historical Prices page.

Coffee Futures Market News and Commentary

Coffee Prices Rally Sharply on Dry Conditions in Brazil and Vietnam

July arabica coffee (KCN24) on Tuesday closed up +10.50 (+5.08%), and July ICE robusta coffee (RMN24) closed up +235 (+6.72%).

Coffee prices today surged to 3-week highs and closed sharply higher.  Concerns that excessive dryness in Brazil and Vietnam will damage coffee crops and curb global production have sparked fund buying of coffee futures.  Somar Meteorologia reported Monday that Brazil's Minas Gerais region received no rainfall or 0% of the historical average in the past week, the fourth consecutive week the area has received no rainfall.  Minas Gerais accounts for about 30% of Brazil's arabica crop.  Last Monday, Vietnam's National Weather Agency said rainfall in Vietnam's Central Highland, the main coffee-growing region, totaled 195.6 mm in the ten days from May 1, 41% below the long-term average.

Tight robusta coffee supplies from Vietnam, the world's largest producer of robusta coffee beans, are a bullish factor.  On March 26, Vietnam's agriculture department... Read more

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