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Robusta Coffee 10-T Sep '24 (RMU24)

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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 Fri, Jun 14th, 2024.
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 Posts Moderate Gains on Brazil Weather Concerns

July arabica coffee (KCN24) on Thursday closed up +1.70 (+0.76%), and July ICE robusta coffee (RMN24) closed down -19 (-0.45%).

Coffee prices Thursday settled mixed.  Arabica coffee rose on the limited rain outlook for Brazil's coffee-growing regions over the next week.  Somar Meteorologia reported Monday that Brazil's Minas Gerais region received no rain in the past week.  Minas Gerais accounts for about 30% of Brazil's arabica crop.

Robusta coffee was under pressure Thursday after ICE-monitored robusta coffee inventories rose to an 11-month high of 5,796 lots.

On Wednesday, arabica fell to a 2-1/2 week low after Cecafe reported late Tuesday that Brazil's May green coffee exports surged 90% y/y to 4 million bags.  Coffee prices are also being pressured by Brazil's faster coffee harvest, which has boosted coffee supplies.  Consulting firm Safras & Mercado reported last Friday that Brazil's 2024/25 coffee harvest was 29% completed as of June 4, faster than 26% last... Read more

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