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Robusta Coffee 10-T Jan '20 (RMF20)

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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 19th, 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

Coffee Prices Post Moderate Losses on Rain Forecasts for Brazil

December arabica coffee (KCZ24) Thursday closed down -2.75 (-1.04%), and November ICE robusta coffee (RMX24) closed down -86 (-1.61%).

Coffee prices retreated Thursday as forecasts for rain in Brazil sparked long liquidation coffee futures.  Thursday's two-week Global Forecast System model showed rain is expected for Brazil's coffee-growing regions next week during the all-important flowering period for Brazil's coffee trees.

The downside in coffee prices Thursday was limited after Conab, Brazil's crop forecasting agency, cut its 2024 Brazil coffee production forecast to 54.8 million bags from 58.8 million bags forecast in May.

Strength in the Brazilian real (^USDBRL) is bullish for arabica coffee prices as the real rallied to a 1-month high against the dollar Thursday, discouraging export selling from Brazil's coffee producers.

On Monday, Dec arabica and Nov robusta posted contract highs, while nearest-futures (U24) robusta posted a new all-time high.  Coffe... Read more

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    December ICE NY cocoa (CCZ24 ) Thursday closed down -64 (-0.82%), and December ICE London cocoa #7 (CAZ24 ) closed down -89 (-1.65%). Cocoa prices Thursday...

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