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Robusta Coffee 10-T Jul '20 (RMN20)

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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 Wed, May 27th, 2020.
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

Robusta Coffee Closes at a 5-Week High on Weather Concerns in Brazil and Vietnam

July arabica coffee (KCN20) on Tuesday closed up +1.50 (+1.45%). July ICE Robusta coffee (DFK0) closed up +12 (+0.99%).

Coffee prices on Tuesday moved higher with robusta coffee at a 5-week high. Strength in the Brazilian real on Tuesday was bullish for arabica coffee and the risk of frost in Brazil also underpinned coffee prices.

Arabica coffee prices on Tuesday rebounded higher from last Friday's 3-1/2 month low as a rally in the Brazilian real on Tuesday sparked short-covering in arabica coffee futures. The real on Tuesday jumped +1.75% and posted a 3-week high against the dollar as it recovers further from the May 14 record low of 5.970 reals/USD. A stronger real is bullish for coffee since it discourages export selling by Brazil's coffee producers.

Coffee prices also rose Tuesday on the risk of frost in Brazil after Somar Meteorologia said that Minas Gerais, the largest arabica coffee producing region in Brazil, may face a "weak frost" Wednesday due to fore... Read more

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