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The Latest Breaking News from Cecafe

Coffee Prices Jump on Excessive Dryness in Brazil

December arabica coffee (KCZ24 ) Monday closed up +10.00 (+3.97%), and November ICE robusta coffee (RMX24 ) closed up +141 (+2.92%). Coffee prices on Monday rallied sharply, with arabica coffee posting a 1-1/2 week high and robusta posting a 1-week high. Excessive dryness in Brazil may curb coffee yields, and...

Below-Normal Rain in Brazil Boosts Coffee Prices

Below-Normal Rain in Brazil Boosts Coffee Prices

December arabica coffee (KCZ24 ) today is up +7.50 (+2.98%), and November ICE robusta coffee (RMX24 ) is up +82 (+1.70%). Coffee prices today are climbing, with arabica coffee posting a 1-1/2 week high. Excessive dryness in Brazil may curb coffee yields and is supportive for prices. Rainfall in Brazil...

Coffee Prices Post Moderate Losses on Brazilian Real Weakness

Coffee Prices Post Moderate Losses on Brazilian Real Weakness

December arabica coffee (KCZ24 ) Friday closed down -2.70 (-1.06%), and November ICE robusta coffee (RMX24 ) closed down -88 (-1.79%). Coffee prices Friday settled moderately lower on weakness in the Brazilian real (^USDBRL ). The real fell to a 1-month low Friday, encouraging export selling from Brazil's coffee producers....

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Coffee Prices Edge Lower on Weakness in the Brazilian Real

December arabica coffee (KCZ24 ) today is down -0.90 (-0.35%), and November ICE robusta coffee (RMX24 ) is down -39 (-0.79%). Coffee prices today are slightly lower on weakness in the Brazilian real (^USDBRL ). The real fell to a 1-month low today, encouraging export selling from Brazil's coffee producers....

Coffee Prices Finish Higher as Coffee Inventories Tighten

December arabica coffee (KCZ24 ) Thursday closed up +4.70 (+1.88%), and November ICE robusta coffee (RMX24 ) closed up +49 (+1.01%). Coffee prices rose Thursday on tightness in coffee inventories. ICE-monitored arabica coffee inventories fell to a 4-month low of 795,874 bags last Thursday, and ICE-monitored robusta coffee inventories fell...

Tighter Global Coffee Inventories Supports Prices

December arabica coffee (KCZ24 ) today is up +4.20 (+1.68%), and November ICE robusta coffee (RMX24 ) is up +43 (+0.88%). Coffee prices today are climbing on concerns about tightness in coffee inventories. ICE-monitored arabica coffee inventories fell to a 4-month low of 795,874 bags last Thursday, and ICE-monitored robusta...

Coffee Prices Post Moderate Gains on Tight Supplies

December arabica coffee (KCZ24 ) Wednesday closed up +1.85 (+0.75%), and November ICE robusta coffee (RMX24 ) closed up +9 (+0.19%). Coffee prices posted moderate gains on Wednesday, with robusta recovering from a 1-month low. Tightness in coffee inventories is supportive of prices. ICE-monitored arabica coffee inventories fell to a...

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Tight ICE Inventories Support Coffee Prices

Tight ICE Inventories Support Coffee Prices

December arabica coffee (KCZ24 ) today is up +2.35 (+0.95%), and November ICE robusta coffee (RMX24 ) is up +44 (+0.91%). Coffee prices today are moderately higher, with robusta recovering from a 1-month low. Tightness in coffee inventories is supportive of prices. ICE-monitored arabica coffee inventories fell to a 4-month...

Coffee Prices Settle Mixed on Short Covering

Coffee Prices Settle Mixed on Short Covering

December arabica coffee (KCZ24 ) Tuesday closed up +3.55 (+1.45%), and November ICE robusta coffee (RMX24 ) closed down -12 (-0.25%). Coffee prices Tuesday settled mixed, with robusta falling to a 1-month low. Arabica coffee moved higher Tuesday on some short covering following Monday's plunge when NY arabica coffee fell...

Mild Short Covering Lifts Coffee Prices after Monday's Plunge

Mild Short Covering Lifts Coffee Prices after Monday's Plunge

December arabica coffee (KCZ24 ) today is up +2.35 (+0.96%), and November ICE robusta coffee (RMX24 ) is up +1 (+0.02%). Coffee prices today are moderately higher on some mild short covering following Monday's plunge when NY arabica coffee fell by -4.93% and ICE robusta coffee fell by -3.93%. Gains...

Coffee Prices Finish Sharply Lower on Forecasts for Beneficial Rain in Brazil

Coffee Prices Finish Sharply Lower on Forecasts for Beneficial Rain in Brazil

December arabica coffee (KCZ24 ) Monday closed down -12.70 (-4.93%), and November ICE robusta coffee (RMX24 ) closed down -199 (-3.93%). Coffee prices Monday plunged to 2-1/2 week lows. Forecasts for rain in Brazil eased drought concerns and sparked long liquidation in coffee futures. Forecaster Maxar Technologies said Monday that...

Coffee Prices Plunge on Forecasts for Beneficial Rain in Brazil

Coffee Prices Plunge on Forecasts for Beneficial Rain in Brazil

December arabica coffee (KCZ24 ) today is down -13.50 (-5.25%), and November ICE robusta coffee (RMX24 ) is down -197 (-3.89%). Coffee prices today plunged to 2-1/2 week lows. Forecasts for rain in Brazil have eased drought concerns and sparked long liquidation in coffee futures. Forecaster Maxar Technologies said today...

Coffee Prices Settle Higher as ICE Inventories Tighten

Coffee Prices Settle Higher as ICE Inventories Tighten

December arabica coffee (KCZ24 ) Friday closed up +5.30 (+2.10%), and November ICE robusta coffee (RMX24 ) closed up +146 (+2.97%). Coffee prices rallied moderately on Friday as tightness in coffee inventories sparked short covering in coffee futures. ICE-monitored arabica coffee inventories fell to a 4-month low of 795,874 bags...

Short Covering Pushes Coffee Prices Higher as ICE Inventories Tighten

Short Covering Pushes Coffee Prices Higher as ICE Inventories Tighten

December arabica coffee (KCZ24 ) today is up +1.85 (+0.73%), and November ICE robusta coffee (RMX24 ) is up +98 (+1.99%). Coffee prices today are moderately higher as recent tightness in coffee inventories has sparked short covering in coffee futures. ICE-monitored arabica coffee inventories fell to a 4-month low Thursday...

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Coffee Prices Finish Lower on Reduced Supply Concerns

December arabica coffee (KCZ24 ) Thursday closed down -4.45 (-1.73%), and November ICE robusta coffee (RMX24 ) closed down -190 (-3.72%). Coffee prices today extended Wednesday's selloff, with arabica falling to a 1-1/2 week low and robusta falling to a 3-week low. Coffee fell Thursday on negative carryover from Wednesday...

Coffee Prices Under Pressure as Supply Concerns Ease

December arabica coffee (KCZ24 ) today is down -3.85 (-1.50%), and November ICE robusta coffee (RMX24 ) is down -143 (-2.80%). Coffee prices today extended Wednesday's selloff, with arabica falling to a 1-1/2 week low and robusta falling to a 3-week low. Coffee is under carryover pressure from Wednesday when...

Coffee Prices Fall Sharply as EU Delays Anti-Deforestation Law

December arabica coffee (KCZ24 ) Wednesday closed down -7.65 (-2.90%), and November ICE robusta coffee (RMX24 ) closed down -334 (-6.13%). Coffee prices Wednesday sold off sharply to 1-week lows after the European Commission postponed an anti-deforestation law. The legislation, scheduled to go into effect December 30, is aimed at...

Coffee Prices Plummet as EU Delays Anti-Deforestation Law

December arabica coffee (KCZ24 ) today is down -7.10 (-2.69%), and November ICE robusta coffee (RMX24 ) is down -300 (-5.51%). Coffee prices today plummeted to 1-week lows and are sharply lower after the European Commission postponed an anti-deforestation law. The legislation, scheduled to go into effect December 30, is...

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Coffee Prices Close Lower as Rain Boosts Crop Prospects in Brazil

December arabica coffee (KCZ24 ) Tuesday closed down -6.10 (-2.26%), and November ICE robusta coffee (RMX24 ) closed down -53 (-0.96%). Coffee prices fell on Tuesday, with arabica falling to a 1-week low. The Commodity Weather Group said Tuesday that showers in Brazil have improved soil moisture levels and supported...

Coffee Prices Fall as Rain in Brazil Improves Coffee Crop Prospects

December arabica coffee (KCZ24 ) today is down -5.60 (-2.07%), and November ICE robusta coffee (RMX24 ) is down -76 (-1.38%). Coffee prices today are moderately lower, with arabica falling to a 1-week low. The Commodity Weather Group said today that showers in Brazil have boosted the flowering of coffee...

Coffee Prices Recover Early Losses on Brazil Crop Concerns

December arabica coffee (KCZ24 ) Monday closed up +1.10 (+0.41%), and November ICE robusta coffee (RMX24 ) closed up +16 (+0.29%). Coffee prices recovered from early losses on Monday and posted moderate gains. Coffee prices initially moved lower on Monday, according to forecasts for substantial showers for the Minas Gerais...

Coffee Prices Slip on Rain Forecasts for Brazil

December arabica coffee (KCZ24 ) today is down -1.05 (-0.39%), and November ICE robusta coffee (RMX24 ) is down -10 (-0.18%). Coffee prices today are posting modest losses. Forecasts for substantial showers for the Minas Gerais region in Brazil at the end of this week have eased Brazil's drought concerns...

Coffee Prices Consolidate This Week's Gains

December arabica coffee (KCZ24 ) Friday closed down -4.75 (-1.73%), and November ICE robusta coffee (RMX24) closed down -45 (-0.81%). Coffee prices settled moderately lower on Friday as they consolidated this week's sharp rally. On Thursday, Dec arabica coffee soared to a 13-year nearest-futures high, and Nov robusta rose to...

Coffee Slips as Price Consolidate Recent Rally

December arabica coffee (KCZ24 ) today is down -5.50 (-2.01%), and November ICE robusta coffee (RMX24 ) is down -57 (-1.03%). Coffee prices today are moderately lower as they consolidate this week's sharp rally. On Thursday, Dec arabica coffee soared to a 13-year nearest-futures high, and Nov robusta rose to...

Coffee Prices Finish Moderately Higher on Brazil Crop Concerns

December arabica coffee (KCZ24 ) Thursday closed up +4.80 (+1.78%), and November ICE robusta coffee (RMX24 ) closed up +81 (+1.49%). Coffee prices Thursday extended this week's sharp rally, with Dec arabica soaring to a 13-year nearest-futures high and Nov robusta climbing to a contract high. Adverse weather in key...

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Organisations

the European Commission

the International Coffee Organization

Maxar Technologies

The Commodity Weather Group

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