Coffee Prices Settle Mixed as the Supply Situation Improves

Arabica coffee for July (KCN25) ended the day on Friday with a slight increase of +0.40 (+0.10%), while ICE robusta coffee for July (RMN25) closed lower by -39 (-0.74%). Coffee prices showed a mixed performance at the end of the week. The weakening dollar on Friday provided some support to coffee prices. However, gains were restrained by indications of larger coffee supplies worldwide following the USDA’s forecast… Read more