Market Reports

The latest Commitment of Traders report from the New York arabica market has seen the Non-Commercial Speculative sector increase their net long position by 12.99% within the market over the week of trade leading up to Tuesday 31^st March 2026:  to register a new long position of 18,013 lots, which is the equivalent of 5,106,606 bags. This net long position has most likely been little changed, following the period of mixed overall sideways trade that has since followed. The Commercial sector held 44,416 Lots or the equivalent of 12,591,739 bags net short position on the day, an increase of 1.61% 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 6.48% over the week of trade leading up to Tuesday 31^st March 2026; to register a new long position at 25,482 Lots. The longer term in nature, the Index Fund sector of this market decreased their net-long position by 5.41% within the market, to register a new net-long position of 25,655 Lots on the day.

The latest Commitment of Traders report from the London robusta coffee market will be released later this week due to holidays which will see the market closed for trade today.

Rising geopolitical tensions in the Middle East are adding fresh strain to global logistics and commodity markets, with disruptions across key maritime corridors forcing vessel rerouting, extending transit times, and increasing freight costs. At the same time, renewed volatility in energy markets, evidenced by upward movement in Brent Crude Oil, is compounding pressure on already elevated cost structures, as higher fuel prices feed directly into ocean freight rates, bunker surcharges, and inland transport expenses. This creates a layer of uncertainty across supply chains, particularly as many economies remain heavily dependent on imported fuel to move goods domestically. The combined impact of longer lead times, rising costs, and reduced schedule reliability is contributing to tighter inventories in destination markets and increasing volatility in markets.

The Certified washed Arabica coffee stocks held against the New York exchange increased by 1,797 bags on Thursday, to register these stocks at 547,667 bags, with 74.89% of these certified stocks held in Europe, at a total of 410,159 and the remaining 25.11% being held in the USA at a total 137,508 bags. Of this, a total 25,826 or 4.72% of the coffees registered and stored in consumer country certified warehouses of the exchange, are Brazil washed arabica, and a further 25.47% of these certified coffees, from Honduras at 139,465 bags and 13.61% from Nicaragua at a total 74,534 bags. The pending grading stocks decreased by 6,282 bags on the day, registering 26,319 bags pending grading, the majority origins pending grading Honduras and with washed Uganda a tenderable quality, this adds up to 57.45% of the total.

The May 2026 to May 2026 contract arbitrage between the London and New York markets widened on Thursday, to register this at 139.01 Usc/Lb. This equates to 47.07% price discount for London robusta coffee.

A vast majority of EU, UK and USA commodity markets were closed on Friday due to various international holidays; it was a mixed day on the commodity markets on Thursday. The Sugar, Wheat, Palladium and Platinum markets ended the day on a firmer note, while the Coffee, Cocoa, Corn, Soybean, Gold and Silver markets ended the day on a softer note. The day starts with the U.S. Dollar trading at 1.321 Sterling, at 1.152 to the Euro and with the US Dollar buying 5.158 Brazil Real.

The London market will be closed today, leaving the New York market to trade solo and for a shortened day of trade.

The London market started the day on Thursday trading on a firmer note, while the New York market started the day on Thursday trading to the south of par on a modest near to unchanged softer note. The markets gained support and momentum early to set a new high for the day. The support begun to taper off through the remainder of the morning session, with the markets trending back through par and into softer territory, settling into a range. As the afternoon progressed, the markets continued to trade in modest softer territory before encountering resistance to drop back from the early highs. Late in the day, a small degree of speculative long liquidation followed, to see both the New York and London markets drop and set a new low for the day. As the session progressed and the activity increased, albeit in modest terms, the markets found support near to the lows of the day to recover from the earlier losses whilst trading below par and in negative territory. The New York market settled on a softer note at the close with less than half of the earlier losses of the day intact, whilst the London market settled on a likewise softer note at the close with only some of the earlier losses of the day intact.

The London market ended the day on a negative note, with 85.88% of the earlier losses of the day intact, while the New York market ended the day on a likewise negative note, with 43.24% of 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 choppy session. might see the New York market, trading solo for the day today, set for a hesitant start, against the prices set on Thursday, as follows: