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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 Thu, Jan 21st, 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 Gains After Conab Forecasts a Plunge in Brazil 2021 Arabica Production

Mar arabica coffee (KCH21) on Thursday closed up +1.25 (+1.00%), and March ICE Robusta coffee (RMH21) closed down -17 (-1.27%).

Coffee prices on Thursday settled mixed with robusta at a 1-week low. Arabica rose after Conab, Brazil's national agricultural statistics agency, forecast on Thursday that Brazil’s 2021 arabica coffee production will slump -35.7% y/y to a 12-year low of 31.35 mln bags. Conab said coffee output would fall as Brazil's coffee trees are in the lower-yielding half of a biennial cycle and that insufficient rain in key stages of crop development is exacerbating the decline in yields.

Robusta fell to a 1-week low Thursday after Conab forecast Brazil 2021 robusta coffee production may increase as much as 16% y/y to 16.6 million bags.

Gains in arabica coffee on Thursday were limited by weakness in the Brazilian real. The real on Thursday tumbled -1.06% to a 1-week low against the dollar, which encourages export selling from... Read more

  • Sugar Thursday Forecast

    The downtrend may be expected to continue, while market is trading below resistance level 16.50, which will be followed by reaching support level 15.65...

  • Cocoa Thursday Forecast

    The downtrend may be expected to continue, while market is trading below resistance level 2558, which will be followed by reaching support level 2465 –...

  • Coffee Thursday Forecast

    The uptrend may be expected to continue, while market is trading above support level 124.2, which will be followed by reaching resistance level 129 and...

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