December arabica coffee (KCZ24 ) Thursday closed up +2.75 (+1.11%), and November ICE robusta coffee (RMX24 ) closed up +69 (+1.38%). Coffee prices Thursday settled moderately higher, with robusta posting a 1-1/2 week high. Coffee prices rose due to concern that adverse global weather events will curb coffee production. Brazil...Coffee - Cup of coffe with beans on the side by Carol La Rosa via Shutterstock
Coffee Prices Close Higher on Global Weather Concerns
Written on 09/16/2024