Arabica coffee rallies as exchange certified stocks remain low
Bullish strength: 75/100
- Arabica futures rose 2.2% to $2.9345 per pound.
- Certified stocks remained near 27-year lows at 225,068 bags.
- Dealers reported that fewer stocks had arrived than expected.
Bearish strength: 25/100
- Benign weather in Brazil is improving prospects for next year's crop.
- Weakness in the Brazilian real encourages producers and exporters to sell dollar-priced futures.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.