Coffee Prices Push Higher on Confirmation of El Niño
July arabica coffee (KCN26 ) today is up +4.55 (+1.86%), and July ICE robusta coffee (RMN26 ) is up +60 (+1.82%). Coffee prices are sharply higher today as short covering emerged after the Japan Meteorological Agency confirmed an El Niño weather pattern had formed across the equatorial Pacific, setting the...
July arabica coffee (KCN26 ) today is up +4.55 (+1.86%), and July ICE robusta coffee (RMN26 ) is up +60 (+1.82%). Coffee prices are sharply higher today as short covering emerged after the Japan Meteorological Agency confirmed an El Niño weather pattern had formed across the equatorial Pacific, setting the...