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Robusta Coffee 10-T Sep '21 (RMU21)

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Robusta Coffee 10-T Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Robusta Coffee 10-T prices and Robusta Coffee 10-T futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Thu, Jun 24th, 2021.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Robusta Coffee 10-T Historical Prices page.

Robusta Coffee 10-T Futures Market News and Commentary

Coffee Prices Settle Mixed with Robusta at a 2-Week High on Concern About Supplies from Vietnam

Sep arabica coffee (KCU21) on Thursday closed down -0.50 (-0.32%), and Sep ICE Robusta coffee (RMU21) closed up +27 (+1.66%).

Coffee prices on Thursday settled mixed with robusta climbing to a 2-week high.  Concern about reduced robusta coffee supplies from Vietnam, the world's largest robusta producer, has sparked has fund buying of robusta futures.  A lack of shipping containers in Asia has limited robusta exports from Vietnam after Vietnam's General Statistics Office reported last Thursday that Vietnam's Jan-May coffee exports fell -12% y/y to 715,263 MT.  

Arabica coffee has support from strength in the Brazilian real (^USDBRL), which rallied to a fresh 1-year high against the dollar Thursday.  The stronger real discourages export selling from Brazil's coffee producers.

Robusta coffee fell to a 3-week low Tuesday after the USDA's bi-annual coffee report on Monday projected 2021/22 global robusta production would climb +4.5% y/y to 77 mln bags.  

Arabica c... Read more

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