Coffee Mar '25 (KCH25)
Coffee Futures Market News and Commentary
July arabica coffee (KCN26) on Tuesday closed up +5.95 (+2.25%), and July ICE robusta coffee (RMN26) closed up +39 (+1.18%).
Coffee prices erased early losses on Tuesday and moved higher as the three-week selloff pushed prices into heavily oversold territory, sparking technical buying and fund short-covering. Â Also, ICE coffee inventories have trended lower over the past 2 months, which is supportive of coffee prices. Â ICE robusta inventories fell to a 2-year low of 3,631 lots last Friday. Â Also, ICE arabica coffee inventories fell to a 2.75-month low of 458,735 bags on Tuesday.
Coffee prices initially moved lower on Tuesday, with arabica falling to a 1.5-year nearest-futures low and robusta falling to a 1-month low. Â
Expectations of a larger Brazilian coffee crop are weighing on prices. Â On May 7, the Coffee Trading Academy projected Brazil's 2026/27 coffee harvest will increase by 12% y/y to 71.4 million bags. Â On March 19, Marex Group Plc projected a record 20... Read more
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