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March arabica coffee (KCH24) on Thursday closed down -2.50 (-1.32%), and Mar ICE robusta coffee (RMH24) closed up +44 (+1.37%). Coffee prices on Thursday settled mixed, with Mar robusta posting a new contract high. Arabica coffee prices were under pressure Thursday for a second session on forecasts for rain in Brazil’s coffee-growing regions over the next week. The wetter forecasts ease dryness concerns and have sparked long liquidation in arabica coffee futures. Tight supplies support robusta coffee prices, with ICE-monitored robusta coffee inventories near record lows and Vietnam coffee farm…

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