Arabica Coffee Rose To Five Weeks High

  • Arabica coffee futures on ICE rose on Tuesday, marking their biggest one-day rally in fiveweeks as U.S. stock indexes slumped, traders said.
  • March  arabica coffee settled up  2.6 percent, at $1.2285 per lb, the biggest one-day rally since Jan. 2.
  • A Reuters poll on Monday forecast slightly higher coffee prices by the end of the year as countries restock inventories. 
  • March robusta coffee settled up $24, or 1.4 percent, at $1,804 per tonne.
Also read  Arabica futures raises to 2-1/2 months high
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