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Robusta Coffee 10-T May '21 (RMK21)

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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 Sun, Apr 11th, 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

Arabica Coffee Settles Lower on Weakness in the Brazilian Real

May arabica coffee (KCK21) on Friday closed down -0.60 (-0.47%), and May ICE Robusta coffee (RMK21) closed down -2 (-0.15%).

Coffee prices on Friday closed slightly lower. Arabica fell back from a 2-week high Friday as weakness in the Brazilian real against the dollar prompted long liquidation in arabica futures. The real fell -1.80% Friday to a 4-session low against the dollar, which encourages export selling by Brazil's coffee producers.

Coffee prices have been moving higher this week on carry-over support from Tuesday when Citigroup said that arabica coffee would have a "sizable" deficit of -7.5 mln bags for the 2021/22 crop cycle. Coffee prices also have support due to dry conditions in Brazil. Somar Meteorologia reported Monday that rain last week in Minas Gerais, Brazil's largest arabica growing region, measured 8.2 mm, or only 32% of the historical average.

A negative factor for coffee was Thursday's news from the National Federat... Read more

  • Cocoa Weekly Forecast

    The downtrend may be expected to continue, while market is trading below resistance level 2410, which will be followed by reaching support level 2233 and...

  • Coffee Weekly Forecast

    The uptrend may be expected to continue, while market is trading above support level 126, which will be followed by reaching resistance level 132 – 134...

  • Sugar Weekly Forecast

    The uptrend may be expected to continue, while market is trading above support level 14.90, which will be followed by reaching resistance level 15.84 and...

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