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Market Impact: 0.38
Coffee Prices Retreat as Supply Situation Improves
Source: Nasdaq
Commodities & Raw MaterialsEnergy Markets & PricesMarket Technicals & Flows
Coffee futures fell again on Thursday: December arabica (KCZ26) closed down 12.50 cents (-3.88%) to a 2.5-week low, and November ICE robusta (RMX26) fell 59 (-1.63%) to a 2-month low. The selloff marks a second consecutive day of sharp declines, signaling weaker near-term momentum and likely continued pressure on coffee prices absent an offsetting catalyst.
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