May arabica coffee is down 6.75 (-2.28%) to a 1-week low, while May ICE robusta coffee is down 87 (-2.50%). Prices are falling after Iran said the Strait of Hormuz has reopened, easing a geopolitical supply-risk premium tied to global shipping and commodity flows. The move is negative for coffee futures, but the broader market impact appears limited.
May arabica coffee is down 6.75 (-2.28%) to a 1-week low, while May ICE robusta coffee is down 87 (-2.50%). Prices are falling after Iran said the Strait of Hormuz has reopened, easing a geopolitical supply-risk premium tied to global shipping and commodity flows. The move is negative for coffee futures, but the broader market impact appears limited.
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mildly negative
Sentiment Score
-0.35
