CoffeeFeatured News

Arabica remained unchanged,Robusta settled down

   * March arabica coffee remained unchanged from the previous session at $1.024 per lb. 
    * “You have to be a little impressed that we were able to close at unchanged considering the (Brazilian) real was very weak,” said one U.S. trader. 
    * Concerns about possible dry weather in Brazil have offered some support to prices, dealers said.
    * March robusta coffee settled down $4, or 0.3 percent, at $1,535 per tonne.
    * Brazil’s 2019 coffee crop, an off year in the production cycle, is seen at between 50.48 million bags and 54.48 million bags, the government said Thursday.   

Also read  CALENDAR OF COFFEE ESTATE OPERATIONS-JUNE

Leave a Reply