Tight ICE Inventories Lift Coffee Prices
12/5 16:04
July arabica coffee (KCN26 ) on Monday closed up +7.50 (+2.73%), and July ICE robusta coffee (RMN26 ) closed up +90 (+2.64%). Coffee prices settled sharply higher on Monday, with robusta posting a 2-week high. Tight coffee inventories are underpinning prices. ICE arabica coffee inventories fell to a 2.5-month low......