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Barchart
Barchart
Rich Asplund

Coffee Prices Decline on the Outlook for Ample Supplies

Ice United States Brazil European Union FAs Vietnam

March arabica coffee (KCH26) today is down -9.10 (-2.43%), and January ICE robusta coffee (RMF26) is down -75 (-1.75%).

Coffee prices are sliding today, with arabica dropping to a 2-week low and robusta falling to a 2.25-month low.  Coffee prices are under pressure amid an outlook for ample supplies.  Last Thursday, Conab, Brazil's crop forecasting agency, raised its total Brazil 2025 coffee production estimate by 2.4% to 56.54 million bags, from a September estimate of 55.20 million bags.  Also, Vietnam's National Statistics Office reported last Friday that Vietnam's Nov coffee exports jumped +39% y/y to 88,000 MT and that Jan-Nov coffee exports are up +14.8% y/y to 1.398 MMT.

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