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Robusta Coffee 10-T Mar '20 (RMH20)

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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 Mon, Jan 20th, 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

Arabica Coffee Closes at a 1-3/4 Month Low on Fund Selling

Mar arabica coffee (KCH20) on Friday closed down -0.80 (-0.71%), and Mar ICE Robusta coffee (DFH0) closed up +5 (+0.38%).

Coffee prices extended month long decline on Friday with arabica coffee falling to a 1-3/4 month low. The outlook for a rebound in Brazil coffee output is fueling fund selling of coffee futures after Conab, Brazil government's forecasting agency, said Thursday that it sees Brazil 2020/21 coffee production rising to 57.2-62.0 mln bags, up as much as +25.8% from 49.3 mln bags in 2019/20 as the crop moves into the higher yielding half of its two-year cycle.

Current coffee supplies are ample after Wednesday's data from Cecafe, Brazil's coffee export council, showed that Brazil's full-year 2019 green coffee exports climbed +14.8% y/y to a record 36.6 mln bags, although those exports in December fell -25.9% y/y to 2.690 mln bags.

Arabica coffee prices are also on the defensive after the Brazilian real fell to a 6-week low against the dollar on Thur... Read more

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