The price of Robusta coffee continued to rise, rising to the highest level in more than a month, and global supply tightened as exports from major production areas declined. The most active contracts once rose 2.5% to $3,893 per tonne, the highest level since June 24. Futures prices have risen more than 10% this week. Vietnam's exports have declined, and domestic inventories have declined due to strong exports in the first half of the year, Hedgepoint Global Markets analyst Laleska Moda wrote in a report this week.

The price of Robusta coffee continued to rise, rising to the highest level in more than a month, and global supply tightened as exports from major production areas declined. The most active contracts once rose 2.5% to $3,893 per tonne, the highest level since June 24. Futures prices have risen more than 10% this week. Vietnam's exports have declined, and domestic inventories have declined due to strong exports in the first half of the year, Hedgepoint Global Markets analyst Laleska Moda wrote in a report this week.