Seeking Alpha - 8/5/2020 2:49:00 PM
Before 2018, the price of nearby coffee futures that trade on the futures market on the Intercontinental Exchange had not declined below the $1 per pound level since 2006. Over the past two years, sufficient supplies of coffee beans caused the price to venture below one dollar frequently.
YAHOO! - 8/3/2020 5:08:00 AM
Coffee prices, both for arabica and robusta futures, are seen rising slightly by the end of 2020 from current values despite an overall view of a larger surplus in the 2020-21 season, a Reuters poll of nine traders and analysts showed on Monday.
Reuters - 8/3/2020 5:09:00 AM
“Challenging times for many commodities,” said ... the No. 1 producer and support prices. Traders and analysts see increased consumption of robusta coffee due to higher buying at supermarkets.