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Robusta Coffee 10-T May '20 (RMK20)

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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, Feb 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

Coffee Gives up Early Gains and Closes Lower on Weakness in the Brazilian Real

May arabica coffee (KCK20) on Thursday closed down -0.90 (-0.81%), and May ICE Robusta coffee (DFK0) closed down -6 (-0.46%).

Coffee prices on Thursday gave up early gains and closed lower on weakness in the Brazilian real, which sank -0.52% and posted a new record low of 4.5002 reals/USD. A weaker real encourages export selling of arabica coffee by Brazil's coffee producers.

Coffee prices Thursday had earlier opened higher and posted 1-week highs on speculation the coronavirus outbreak will have only a limited impact on coffee demand.

Recent heavy rain in Minas Gerais, Brazil's largest arabica coffee-growing region, are also positive for coffee. Somar Meteorologia reported last Monday that rainfall in Minas Gerais measured 131.8 mm in the past week or 304% of the historical average. Those heavy rains saturated Brazil's coffee fields and may curb coffee yields.

Current U.S. coffee supplies are ample after last Wednesday's data from the Green Coffee Associ... Read more

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