![]() ![]() Last Friday, Vietnam's General Department of Cust. Tight robusta coffee supplies propelled nearest-futures robusta prices (RMF24) on December 21 to a record high. ICE-monitored robusta coffee inventories Thursday were at 3,453 lots, just above the record low of 3,374 lots posted on August 31. ICE-monitored arabica coffee inventories fell to a 24-year low of 224,066 bags on November 30 and were just mildly above that level Wednesday at 253,144 bags. ![]() Arabica today fell moderately and held above Wednesday's 3-week low on signs of increased global coffee supplies after the International Coffee Organization (ICO) reported Wednesday that Nov global coffee exports rose +4.1% y/y to 10.61 million bags and Oct-Nov coffee exports are up +3.1% y/y at 20.25 million bags. ![]() March arabica coffee (KCH24) on Thursday closed down -0.70 (-0.38%), and Mar ICE robusta coffee (RMH24) closed up +31 (+1.13%).Ĭoffee prices Thursday settled mixed. ![]()
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