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Arabica coffee futures rose to nearly $3.10 per pound, their highest level since early September, amid concerns over near-term supply and uncertainty surrounding Brazil’s next harvest. Market participants are increasingly worried that coffee shipments from Brazil, the world’s largest producer, may not reach ICE warehou
Raw sugar futures on ICE rose 4% to a 19-month high of 20.73 cents per pound, driven by concerns over excess El Nino-linked rains in top grower Brazil impacting output. Arabica coffee also gained.
ICE arabica coffee futures rose above $3.2 per pound near their highest since late July, as Brazil’s 2026/27 harvest lagged and inventories fell to 231,445 bags.