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Coffee Starts To Percolate Higher- The Potential For An Upside Surprise Rises

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.

Coffee prices seen rising slightly by end-2020 despite higher surplus: Reuters poll

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.

Coffee prices seen rising slightly by end-2020 despite higher surplus: Reuters poll

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.

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