Robusta Coffee 10-T May '23 (RMK23)
Robusta Coffee 10-T Futures Market News and Commentary
September arabica coffee (KCU26) on Friday closed up +4.40 (+1.42%), and September ICE robusta coffee (RMU26) closed up +49 (+1.32%).
Coffee prices rebounded higher on Friday after falling sharply on Thursday. NY Sep coffee on Friday edged to a new 2.5-week low, but then recovered on some apparent pre-weekend short-covering.
The coffee market is sorting through the implications of President Trump’s late-Thursday announcement of broad tariffs ranging from 10% to 12.5% on 60 nations, replacing the 10% global import tax that expired. The new tariffs are based on trade authority under Section 301 of the Trade Act of 1974 tied to a claim of forced labor in supply chains. Mr. Trump had to seek new trade authority after the Supreme Court struck down his so-called reciprocal tariffs in February and his substitute 10% global import tax expired this week.
However, the new forced-labor tariffs exclude some key items such as fuel, foods, fertilizer, and products covered by... Read more
Barchart · Fri Jul 24, 5:12PM CDT
Cotton futures closed Friday with front month losses of 7 to 129 points and deferreds up 3 to 4 points. December was up 135 points on the week. Crude oil...
Barchart · Fri Jul 24, 2:04PM CDT
October NY world sugar #11 (SBV26 ) on Friday closed up +0.08 (+0.54%), and October London ICE white sugar #5 (SWV26 ) closed up +1.00 (0.22%). Sugar prices...
Barchart · Fri Jul 24, 2:01PM CDT
September ICE NY cocoa (CCU26 ) on Friday closed up +75 (+1.41%), and September ICE London cocoa #7 (CAU26 ) closed up +49 (+1.23%). Cocoa prices on Friday...
Barchart · Fri Jul 24, 1:48PM CDT
September arabica coffee (KCU26 ) on Friday closed up +4.40 (+1.42%), and September ICE robusta coffee (RMU26 ) closed up +49 (+1.32%). Coffee prices rebounded...
Barchart · Fri Jul 24, 12:22PM CDT
Cotton futures are trading with 74 to 95 point losses across most contracts on Friday, facing some outside pressure. Crude oil is back down $3.96 per barrel,...
Barchart · 39 minutes ago
Intel's turnaround is gaining momentum after a blowout Q2, but its valuation leaves little room for error. AI leaders like Nvidia still offer a more attractive...
Barchart · 1 hour ago
Soaring fuel costs overshadowed record Q2 revenue for AAL, plunging the stock's price. What should be your move now?
Barchart · 1 hour ago
Elon Musk revealed that Micron gave Tesla a 'very significant allocation' of memory chips on 'reasonable terms' and is making room for Tesla in the years...
Barchart · Sun Jul 26, 9:00AM CDT
Mobileye beat second-quarter expectations while raising full-year guidance, but shares plunged roughly 15% after founder and CEO Amnon Shashua announced...
Barchart · Sun Jul 26, 8:30AM CDT
Intel Corporation exceeded analysts' expectations for Q2 revenue and earnings on July 23. Not including one payment, FCF was positive. So, INTC looks cheap....
Barchart · Sun Jul 26, 8:00AM CDT
As AMD expands its AI ecosystem through a strategic partnership with Anthropic, investors have another reason to keep the stock on their radar.
Barchart · Sat Jul 25, 2:30PM CDT
Arm now leads x86 in AI servers and collects royalties from every chipmaker, including the ones it competes with.
Barchart · Sat Jul 25, 12:30PM CDT
Alphabet is doubling down on AI and has been gradually raising its capex budget. The stock has come off its 2026 highs, and any further weakness would...