Weekly Market Report

As anticipated, a large downward correction took place on both markets on Monday with coffee prices seeing record one-day falls.  But again, as anticipated, prices then recovered throughout the week.  However, what was not anticipated was the strength of that recovery especially on the arabica market in New York which saw arabica coffee prices soar […]

As anticipated coffee prices continued to surge upwards throughout the week, only pausing on Friday for a minor correction downwards.  Indeed, it was an incredible week which saw both markets rally to a 47 year high on heightened concern about the tight supply/demand balance for next year, given predicted huge crop shortfalls in both Brazil

An incredible week which saw both markets rally strongly on heightened concern about the size of next year’s crop in Brazil.  Both markets made substantial gains every day of the week with the arabica market ending the week 32.50 cents higher than at the start, with the second position closing at 285.60 cents/lb.  Robusta prices

A somewhat volatile period since my last report three weeks ago and although prices appeared to be trending slowly lower, a sudden hike last Thursday on concerns about lower-than-average rainfall in Brazil changed the immediate price landscape although an abrupt correction on Friday saw over half of those gains lost.  Nevertheless, arabica coffee prices have

A bit of a roller-coaster ride this week with both markets bouncing strongly higher on Monday only to give half of the gains back on Tuesday. Prices meander a bit over the next three days, but arabica coffee prices managed to finish the week gaining 5.25 cents/lb, with the second position (March 25) closing at

Prices fell by over 12 cents/lb on Monday on news that heavy rainfall is expected in some area of Brazil over the next 10 days.  However, the fact that this might lead to flooding in some areas plus the realisation that future supplies still look as though they will remain extremely tight halted the downward

News that the EU Commission will propose a one-year delay in the implementation of the EUDR, together with forecasts of rain in about a week’s time in Brazil, forced coffee prices sharply lower.  At one stage arabica prices had fallen by over 16 cents/lb but a bounce on Friday limited the losses to 11.25 cents

Concern about the erratic nature of the rain falling in Brazil and forecasts of further dry weather for at least the next 2 weeks prompted a huge rally in prices this week. Both markets rose every day this week bar Friday when there was a small correction.  Arabica coffee prices gained 18.25 cents/lb over the

The weather in Brazil continued to be the dominant factor which influenced both markets this week.  Both markets started the week cautiously before continuing to climb mid-week on concerns about on-going dry weather in Brazil, only to collapse on Friday on news that heavy rain, which was not forecast, fell overnight in the South of

As suspected the fall seen in both markets the Friday before was overdone and both markets regained all the losses they had suffered by Monday.  But thereafter both markets continued to move steadily upwards with an even bigger leap on Friday as it became clear that the dry weather in Brazil will continue for some