July arabica coffee (KCN26) is down 5.30 points (-1.83%) while July ICE robusta coffee (RMN26) is up 12 points (+0.36%), leaving coffee prices mixed. The market is being pressured by optimism that the US-Iran war may end soon and reopen the Strait of Hormuz, easing supply-risk concerns. The article also cites strength in the Brazilian real as an offsetting factor, but the overall tone is slightly bearish for arabica.
July arabica coffee (KCN26) is down 5.30 points (-1.83%) while July ICE robusta coffee (RMN26) is up 12 points (+0.36%), leaving coffee prices mixed. The market is being pressured by optimism that the US-Iran war may end soon and reopen the Strait of Hormuz, easing supply-risk concerns. The article also cites strength in the Brazilian real as an offsetting factor, but the overall tone is slightly bearish for arabica.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.28
