Coffee Prices Boosted by Sharp Drop in Arabica Inventories

March arabica coffee (KCH25 ) is up +5.90 (+1.41%), and March ICE robusta coffee (RMH25 ) is up +15 (+0.26%). 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 posted…