BusinessPhoto: Mint MarketsArabica Coffee Hits One-Month High Amid Critically Low Stocks
Arabica coffee futures on ICE rose to a one-month high of $3.1130 per pound due to concerns over critically low exchange stocks, which stood at 238,976 bags near a 27-year low. Market fears include delayed supplies from Brazil, the top grower, and potential output cuts from El Nino weather. Robusta coffee also rose 1.2% amid Vietnam's steady harvest outlook despite El Nino risks.
Mint Markets·



