Robusta Coffee 10-T Jan '25 (RMF25)
Robusta Coffee 10-T Futures Market News and Commentary
September arabica coffee (KCU26) closed up +2.80 (+0.86%) on Wednesday, and September ICE robusta coffee (RMU26) closed up +37 (+0.96%).
Coffee prices settled higher on Wednesday, with robusta climbing to a 1-week high. Robusta coffee moved higher on Wednesday after rain chances were reduced for Vietnam’s Central Highlands, the country’s main coffee-producing region. Vietnam’s Central Highlands monsoon season runs from May to October.
Arabica has support due to the slow pace of Brazil’s coffee harvest. The harvest among members of Cooxupe co-op was 67.3% complete as of July 31, behind the year-earlier pace of 74.2%. On July 17, Safras & Mercado reported that Brazil’s 2026/27 coffee harvest was 64% complete as of July 15, behind last year’s comparable level of 77% and the five-year average of 70%.
Rising inventories are weighing on robusta coffee as ICE robusta inventories climbed to a 4.25-month high of 4,254 lots on July 22, although inventories were mildly... Read more
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September arabica coffee (KCU26 ) closed up +2.80 (+0.86%) on Wednesday, and September ICE robusta coffee (RMU26 ) closed up +37 (+0.96%). Coffee prices...
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