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Market Impact: 0.25

Coffee Prices Fall as Brazil’s Coffee Harvest Expected to Resume

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

July arabica coffee fell 5.60 points, or 2.11%, while July ICE robusta coffee dropped 25 points, or 0.72%, extending last Friday’s losses of 3.15% in arabica and 2.19% in robusta. Arabica prices also hit a new 1.5-year low, indicating continued bearish momentum in coffee futures.

Analysis

July arabica coffee fell 5.60 points, or 2.11%, while July ICE robusta coffee dropped 25 points, or 0.72%, extending last Friday’s losses of 3.15% in arabica and 2.19% in robusta. Arabica prices also hit a new 1.5-year low, indicating continued bearish momentum in coffee futures.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.35