May arabica coffee fell 1.40 ticks (-0.47%) to a 1.5-week low, while May ICE robusta rose 37 ticks (+1.06%), leaving coffee prices mixed on the session. The market is under mild downward pressure as forecasts for a record Brazilian coffee crop weigh on arabica supply expectations and price direction.
May arabica coffee fell 1.40 ticks (-0.47%) to a 1.5-week low, while May ICE robusta rose 37 ticks (+1.06%), leaving coffee prices mixed on the session. The market is under mild downward pressure as forecasts for a record Brazilian coffee crop weigh on arabica supply expectations and price direction.
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mildly negative
Sentiment Score
-0.15
Ticker Sentiment