Coffee Prices Have Continued Support From Shipping Disruptions

Coffee prices are rallying, with May arabica coffee reaching a new three-week high due to ongoing supply disruptions caused by the war in Iran. In contrast, the May ICE robusta coffee is experiencing a slight decrease. The geopolitical tensions are creating uncertainty in coffee supply chains, sustaining upward pressure on arabica prices. Traders should closely monitor these developments as they could influence long-term pricing trends. Overall, the market is responding cautiously to the shifting dynamics in coffee supply from key exporters.