Market Reports

The latest Commitment of Traders report from the New York arabica market has seen the Non-Commercial Speculative decrease their net short position by 35.36% within the market over the week of trade leading up to Tuesday 16^th June 2026:  to register a new net short position of 2,298 lots, which is the equivalent of 651,473 bags. This net short position has most likely been decreased following the period of mixed but overall firmer trade that has since followed. The Commercial sector held 23,421 Lots or the equivalent of 6,639,750 bags net short position on the day, an increase of 17.01% over the same week of trade.

In the same report from the New York arabica coffee market, the shorter term in Nature Managed Money Fund increased their net-long position by 154.59% over the week of trade leading up to Tuesday 16^th June 2026; to register a new long position at 7,974 Lots. The longer term in nature, the Index Fund sector of this market increased their net-long position by 11.42% within the market, to register a new net-long position of 26,602 Lots on the day.

The London Robusta coffee market, in the short term is looking to the new Brazil Conilon 2026/27 robusta crop for which the harvest is reported to be around 59% complete and is forecast to reach a median 25.50 million bags this seasonal year. The export market for these coffees is showing growth within the robusta export basket. The prevailing export year is reported at 4.39 million bags during the first eleven months of the current July 2025 to June 2026 coffee year and expected to reach a total of around 4.85 million bags or 10.50% of the global robusta coffee export market share.

The new robusta crops from Indonesia and Uganda will shortly begin to flow to consumer markets to support consumer demand in the latter half of this year.  With robusta production from Indonesia expected to reach a total of 10.10 million bags during the current April 2026 to March 2027 coffee year and exports forecasted to be in the region of 7 million bags, or 13.50% of global robusta exports. Uganda, meanwhile, Africa’s leading robusta producer, is projected to produce 6.10 million bags robusta coffee for the coming October 2026 to September 2027 coffee year, with robusta exports to consumer markets expected to reach around 6.85 million bags, around 13% of global robusta exports.

The World of Coffee trade show is taking place in Brussels Belgium this week, bringing together a multitude of coffee professionals in different and varied spheres of supply chain and all spheres of participation in the coffee industry.

The Certified washed Arabica coffee stocks held against the New York exchange were seen to decrease by 330 bags yesterday, to register these stocks at 393,937 bags, with 72.76% of these certified stocks held in Europe, at a total of 286,618 and the remaining 27.24% being held in the USA at a total 107,319 bags. Of this, a total 10,455 or 2.65% of the coffees registered and stored in consumer country certified warehouses of the exchange, are Brazil washed arabica, and a further 29.30% of these certified coffees, from Honduras at 115,421 bags and 15.52% from Peru at a total 61,157 bags. The pending grading decreased by 1,100 bags on the day, registering 275 bags pending grading, with 100% from Honduras.

The September 2026 to September 2026 contract arbitrage between the London and New York markets widened yesterday, to register this at 106.34 Usc/Lb. This equates to 39.83% price discount for London robusta coffee.

It was a mixed day on the commodity markets yesterday, with the leading in influence Oil market softer on the day while the markets price in the expectation of an interest hike cut to come later in the year. The Cocoa, Gold, Silver and Platinum markets ended the day on a firmer note, while the Coffee, Corn, Soybean, Sugar, Wheat and Palladium markets ended the day on a softer note. The day starts with the US Dollar trading at 1.323 Sterling, at 1.142 to the Euro and with the US Dollar buying 5.144 Brazil Real.

The London and New York markets started the day yesterday trading to the south of par on softer notes from the outset of the day. The direction in London was set early, to see the London market drop back further and track lower, as the early morning progressed. The New York market continued to trade on negative territory for the remainder of the morning session. As the afternoon progressed both the London and New York markets continued to trade below par, as selling pressure increased. The activity in both markets was modest as the afternoon progressed with New York finding support to recover from the early lows and set a new high for the day in modest positive territory, the London market followed suit to likewise set a new high for the day’s session before encountering resistance to reverse the trend and track lower. The London market traded in softer territory for the remainder of the days’ session, before finding support near to the lows of the day. The New York market was also seen to trade back towards par during the late afternoon session. This support continued through to the close, with the New York market trading back towards par to settle on a softer note at the close with less than half of the earlier losses of the day intact. The London market was seen to settle on a softer note at the close, with less than half of the earlier losses of the day intact.

The London market ended the day on a negative note, with 48.08% of the earlier losses of the day intact, while the New York market ended the day on a negative note with 10.45% of the earlier losses of the day intact.  This softer close for the markets, does little to inspire confidence, albeit that the markets recovered from the lows of the day during what was a good trade volume session, and one might think that the markets are due for a steady start to early trade today, against the prices set yesterday, as follows: