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Robusta Coffee 10-T Nov '21 (RMX21)

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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, Sep 23rd, 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 Sees Continued Support from Conab’s Brazil Coffee Production Cut Forecast

Dec arabica coffee (KCZ21) on Wednesday closed up +1.50 (+0.82%), and Nov ICE Robusta coffee (RMX21) closed down -18 (-0.83%).

Coffee prices on Wednesday settled mixed.  Arabica coffee prices moved higher Wednesday after Conab on Tuesday cut its Brazil 2021 arabica coffee production estimate.  Robusta retreated Wednesday after Conab on Tuesday raised its Brazil 2021 robusta production estimate to a record high.

Brazil's crop forecasting agency Conab on Tuesday cut its Brazil 2021 arabica coffee crop estimate by -8% to a 12-year low of 30.7 mln bags from a May estimate of 33.4 mln bags, down -37% from 48.8 mln bags in 2020.  In a bearish factor for robusta, however, Conab raised its Brazil 2021 robusta coffee production estimate by +4.5% to a record 16.1 mln bags from a previous forecast of 15.4 mln bags.

Robusta coffee continues to see underlying support as nearest-futures Sep (U21) robusta posted a fresh 4-year high on Monday.  Robusta has support from concern abo... Read more

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