Robusta Coffee Near Seven-Month Low on Brazil Harvest Hopes

Robusta coffee prices fell to a seven-month low before steadying as expectations build for record Brazilian arabica output, which could reduce demand for the cheaper robusta variety. Increased high-end arabica supply is exerting downward pressure on robusta and may impact exporters and traders focused on lower-grade coffee.

Analysis

Robusta coffee prices fell to a seven-month low before steadying as expectations build for record Brazilian arabica output, which could reduce demand for the cheaper robusta variety. Increased high-end arabica supply is exerting downward pressure on robusta and may impact exporters and traders focused on lower-grade coffee.