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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 Mon, May 20th, 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 Settle Mixed on Rising ICE Coffee Inventories

July arabica coffee (KCN24) on Monday closed up +0.10 (+0.05%), and July ICE robusta coffee (RMN24) closed down -19 (-0.54%).

Coffee prices Monday fell back from 2-week highs and settled mixed.  A rebound in ICE coffee inventories from historically low levels is undercutting prices.  ICE-monitored robusta coffee inventories on February 21 fell to a record low of 1,958 lots, although they recovered to a 9-month high last Friday of 4,312 lots.  Also, ICE-monitored arabica coffee inventories fell to a 24-year low of 224,066 bags on November 30, but they recovered to a 14-month high Monday of 767,388 bags.

Coffee prices on Monday initially rallied to 2-week highs on insufficient rainfall in Brazil and Vietnam that may curb global coffee production.  Somar Meteorologia reported Monday that Brazil's Minas Gerais region received no rainfall or 0% of the historical average in the past week, the fourth consecutive week the area has received no rainfall.  Minas Gerais accounts for... Read more

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