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Arabica coffee remains near 2019 lows

The May arabica coffee contract settled up 0.20¢ at 101.65¢ per lb in dealings between 101.05 and 102.45¢.

* May robusta coffee fell $6, or 0.4 percent, to $1,549 a tonne.

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* Dealers said ample supplies continued to keep a lid on prices which remain very close to end-2018 levels.

* Vietnam, the world’s top robusta producer, exported 183,693 tonnes of coffee in January, customs data showed on Monday, higher than the government’s estimate of 175,000 tonnes.

                   Copyright Reuters, 2019

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