Robusta Coffee 10-T Sep '26 (RMU26)
Robusta Coffee 10-T Futures Market News and Commentary
September arabica coffee (KCU26) closed up +4.10 (+1.14%) on Thursday, and September ICE robusta coffee (RMU26) closed down -16 (-0.43%).
Coffee prices settled mixed on Thursday. Arabica coffee closed higher as it consolidated below Wednesday’s 6.5-month high, and robusta is under pressure from rising inventories as ICE robusta inventories climbed to a 5.25-month high of 4,622 lots on Tuesday.
Gains in arabica were limited as drier weather in Brazil has allowed for the pace of the country’s coffee harvest to accelerate. Brazil’s Cooxupe co-op reported on Wednesday that 81.1% of the harvest was complete as of Aug 14, up 7 points from the prior week but still down slightly from 86.1% a year earlier.
Below-normal rainfall in Brazil should speed up the pace of the country's coffee harvest, a bearish factor for prices. Somar Meteorologia reported on Monday that 0.6 mm of rain, or 11% of the historical average, fell in the week ended August 16 in Brazil's Minas Gerais... Read more
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