Coffee prices are higher today after a sharp -8.0% single-day drop in arabica coffee inventories to 758,514 bags on Tuesday from 824,783 bags on Monday. ICE-monitored arabica coffee inventories ...
Meanwhile, ICE-monitored arabica coffee inventories rose to a 2-1/2 year high of 993,562 bags on January 6 but have since fallen back and dropped to a 3-1/2 month low of 841,795 bags Wednesday.
Arabica coffee prices were also under pressure Wednesday as ICE-monitored arabica inventories rebounded higher to a 1-week high of 803,066 bags on Tuesday from last Tuesday's 9-month low of ...
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