
May arabica coffee (KCK26) on Monday closed down -7.65 (-2.68%), and May ICE robusta coffee (RMK26) closed down -31 (-0.86%).
Coffee prices settled sharply lower on Monday, with robusta tumbling to a 6.5-month low. Coffee prices have been under pressure over the past month, with arabica falling to a 15-month low last Thursday as signs of a bumper Brazilian coffee crop have improved the global supply outlook. On February 5, Conab, Brazil's crop forecasting agency, said that Brazil's 2026 coffee production will climb by +17.2% y/y to a record 66.2 million bags, with arabica production up +23.2% y/y to 44.1 million bags and robusta production up +6.3% y/y to 22.1 million bags.