May arabica futures rose +5.10 (+1.74%) and May ICE robusta gained +42 (+1.21%), with arabica reaching a one-week high. Prices moved higher for a second day as supply concerns from the closure of the Strait are underpinning the rally, creating a mild bullish bias for coffee contracts.
May arabica futures rose +5.10 (+1.74%) and May ICE robusta gained +42 (+1.21%), with arabica reaching a one-week high. Prices moved higher for a second day as supply concerns from the closure of the Strait are underpinning the rally, creating a mild bullish bias for coffee contracts.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.25
Ticker Sentiment
