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Robusta Coffee 10-T May '18 (RMK18)

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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 Tue, Aug 3rd, 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

Coffee Prices Close Moderately Higher as the Outlook for Brazil's 2021/22 Coffee Crop Worsens

Sep arabica coffee (KCU21) on Tuesday closed up +2.05 (+1.19%), and Sep ICE Robusta coffee (RMU21) closed up +19 (+1.08%).

Coffee prices on Tuesday posted moderate gains as recent damage to Brazil's coffee trees undercut the outlook for its 2022 coffee crop.  RR Consultants Rural on Tuesday said that abrupt swings in temperatures over the past 30 days in Brazil triggered severe defoliation on trees in arabica-coffee growing areas, which worsens the prospects for Brazil's 2021/22 coffee crop.  Also, drought concerns in Brazil are supporting gains in coffee prices after Somar Meteorologia on Tuesday said that rain in Brazil's arabica growing regions are not expected until the second half of this month.

On Monday, arabica coffee fell to a 1-1/2 week low, and robusta dropped to a 2-1/2 week low as reduced frost concerns in Brazil sparked long liquidation in coffee futures.  Ample rain in Brazil over the past week was another negative for coffee prices after Somar Meteorologi... Read more

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