May arabica coffee (KCK26) is up +7.20 (+2.52%) and May ICE robusta (RMK26) is up +16 (+0.46%). Prices reversed early losses and climbed on supply concerns after the closure of the Strait of Hormuz disrupted global shipping. The move signals elevated supply risk and potential for continued volatility in coffee futures and other shipping-dependent commodities, with possible spillovers to energy and agricultural supply chains.
May arabica coffee (KCK26) is up +7.20 (+2.52%) and May ICE robusta (RMK26) is up +16 (+0.46%). Prices reversed early losses and climbed on supply concerns after the closure of the Strait of Hormuz disrupted global shipping. The move signals elevated supply risk and potential for continued volatility in coffee futures and other shipping-dependent commodities, with possible spillovers to energy and agricultural supply chains.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.25
