Robusta Coffee 10-T Nov '26 (RMX26)
Robusta Coffee 10-T Futures Market News and Commentary
September arabica coffee (KCU26) closed down -3.25 (-0.97%) on Monday, and September ICE robusta coffee (RMU26) closed up +19 (+0.50%).
Coffee prices settled mixed on Monday. Arabica closed lower as below-normal rainfall in Brazil should allow for the pace of the country’s coffee harvest to speed up, a bearish factor for prices. Somar Meteorologia reported on Monday that 5.8 mm of rain, or 92% of the historical average, fell in the week ended August 9 in Brazil’s Minas Gerais, the country’s main arabica-coffee growing region.
Rising inventories are bearish for robusta coffee as ICE robusta inventories climbed to a 4.5-month high of 4,285 lots on Monday. By contrast, a bullish factor for arabica coffee prices was that ICE arabica coffee inventories fell to a 2.5-year low of 242,673 bags on Monday.
Arabica has support due to the slow pace of Brazil’s coffee harvest. The harvest among members of Cooxupe co-op was 67.3% complete as of July 31, behind the year-earli... Read more
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