Arabica coffee futures hover near $3.10 after 1-week low

Arabica coffee futures traded around $3.10 per pound, near the lowest since early August, as drier conditions in Brazil supported the harvest and raised expectations of increased near-term supplies.

This is particularly important as ICE arabica inventories remain tight, currently at a 2.75-year low of 236,430 bags.

Meanwhile, Cecafé data showed that the country shipped 3.03 million 60-kg bags of coffee in July, the first month of the 2026/27 crop year, up 9.9% from a year earlier.

Attention remains focused on weather conditions amid concerns over Brazil’s 2027 crop, with the effects of El Niño posing potential risks to crop development.

Elsewhere, Colombia, the world’s second-largest producer of Arabica coffee, has partially resumed coffee exports through Buenaventura, its main coffee-export port, although traffic remains intermittent and limited.

Exporters said the earthquake caused no significant damage to coffee processing or milling facilities.