Market Reports

The latest Commitment of Traders report from the New York arabica market has seen the Non-Commercial Speculative sector increase their net short position by 277.16% within the market over the week of trade leading up to Tuesday 22^nd September 2026:  to register a new net short position of 6,472 lots, which is the equivalent of 1,834,783 bags. This net short position has most likely been marginally increased further following the period of mixed but overall softer trade that has since followed. The Commercial sector held 28,286 Lots or the equivalent of 8,018,956 bags net short position on the day, a decrease of 18.63% 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 decreased their net-long position by 29.10% over the week of trade leading up to Tuesday 22^nd September 2026; to register a new long position at 11,098 Lots. The longer term in nature, the Index Fund sector of this market decreased their net-long position by 4.27% within the market, to register a new net-long position of 33,634 Lots on the day.

The latest Commitment of Traders report from the London robusta coffee market has seen the Speculative Managed Money Sector switch their net long position within the market over the week of trade leading up to Tuesday 22^nd September 2026: to register a new net short position of 1,301 Lots which is the equivalent of 216,833 bags. This net short position has most likely been increased further, following the period of mixed but overall softer trade that has since followed.

The Certified washed arabica coffee stocks held against the New York arabica market remained unchanged on Friday, to register these stocks at 254,304 bags, with 78.52% of these certified stocks held in Europe, at a total of 199,692 bags and the remaining 21.48% being held in the USA at a total 54,612 bags. Of this, a total 52,791 or 20.76% of the coffees registered and stored in consumer country certified warehouses of the exchange, are Brazil semi-washed arabica, and a further 21.10% of these certified coffees, from Honduras at 53,663 bags and 19.11% from Peru at a total 48,598 bags. The pending grading remained unchanged on the day, registering 21,117 bags pending grading, with 92.09% pending grading from Brazil.

The November 2026 to December 2026 contract arbitrage between the London and New York markets narrowed on Friday, to register this at 125.88 Usc/Lb. This equates to a 45.18% price discount for London robusta coffee.

It was a mixed but overall firmer day on the commodity markets on Friday, as inflation concerns continue to take centre stage with rising oil prices leading many to believe that further interest rate hikes are on the cards. An independent survey by Reuters indicates a 66% chance of an October interest rate hike followed by a 93% chance of a December interest rate hike. The Cocoa, Coffee, Corn, Soybean, Gold, Silver and Platinum markets ended the day on a firmer note, while the Sugar, Wheat and Palladium markets ended the day on a softer note. The day starts with the US Dollar trading at 1.324 Sterling, at 1.138 to the Euro and with the US Dollar buying 5.187 Brazil Real.

The London market started the day on Friday trading to the north of par on a modest near to unchanged note, while the New York market started the day in muted volume trading to the south of par. Both markets found support early and the trend was quickly affirmed to see the markets gain momentum during the early morning session.   Both the New York and London markets were seen to build support as the day progressed.  The arrival of the America’s at the start of their business day pushed New York higher, triggering buy stops along the way to accentuate the gains for the day, this assisted to trigger speculative short covering which saw the New York market gain ground quickly throughout the afternoon session, with the London market following suit to make gains throughout the afternoon session. The New York market continued the upward momentum before being capped during the afternoon session to limit the day’s gains. The market dropped back to settle on a modest near to unchanged firmer note. The London market was seen to also settle on a firm note at the close, with half of the earlier gains of the day intact.

The London market ended the day on a positive note, with 90.59% of the earlier gains of the day intact, while the New York market ended the day on a likewise positive note with 36.31% of earlier gains of the day intact.This firmer close for the market might indicate some degree of direction, albeit that the markets dropped back from the highs of the day during the session, with macroeconomics at play one might think that the markets are due for a follow through hesitant steady start to early trade today, against the prices set on Friday, as follows: