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May arabica coffee (KCK24) on Thursday closed down -4.95 (-2.63%), and Mar ICE robusta coffee (RMH24) closed down -78 (-2.40%). Coffee prices on Thursday retreated, with arabica posting a 1-week low and robusta falling to a 4-week low. Coffee prices came under pressure after researcher StoneX projected Brazil’s 2024/25 coffee production would increase by +4.2% y/y to 67 million bags. Robusta coffee Thursday also had some negative carryover from Wednesday when Vietnam’s General Statistics Office reported that Vietnam’s Jan coffee exports rose +14.8% m/m and +67.4% y/y to 238,266 MT. Vietnam is …

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