Market Reports

The Certified washed Arabica coffee stocks held against the New York exchange registered a decrease by 1,516 bags yesterday, to register these stocks at 397,242 bags, with 72.43% of these certified stocks held in Europe, at a total of 287,707 and the remaining 27.57% being held in the USA at a total 109,535 bags. Of this, a total 10,740 or 2.70% of the coffees registered and stored in consumer country certified warehouses of the exchange, are Brazil washed arabica, and a further 29.11% of these certified coffees, from Honduras at 115,646 bags and 15.46% from Peru at a total 61,407 bags. The pending grading remained unchanged on the day, registering 1,375 bags pending grading, with 100% from Honduras.

The July 2026 to July 2026 contract arbitrage between the London and New York markets widened yesterday, to register this at 99.14 Usc/Lb. This equates to 37.73% price discount for London robusta coffee.

The New York arabica coffee market shall be closed on Friday in observance of the Juneteenth Federal Holiday, and the London Robusta coffee market will be trading solo for the day.

It was a firmer day on the commodity markets yesterday, while the US Dollar continued on a softer track reaching, down 0.2% on the day, traditionally a bullish factor for commodities traded in other currencies. The Coffee, Cocoa, Corn, Soybean, Wheat, Gold, Silver, Platinum and Palladium markets ended the day on a firmer note, while the Sugar market ended the day on a softer note. The day starts with the US Dollar trading at 1.339 Sterling, at 1.158 to the Euro and with the US Dollar buying 5.053 Brazil Real.

The London market opened the day yesterday on a modest near to unchanged firmer note, whilst the New York market opened the day trading south of par on a softer note. The markets found continued support early in the day and quickly made gains with support to trend firmer through the remainder of the early morning session in limited trade volume to start the day. As the afternoon progressed, the New York market continued to trend in a firmer direction, where buyers buoyed the market higher in the absence of sellers, the day tracked quickly higher to trigger buy stops along the way, with limited liquidity aiding in the firmer trajectory.

This firmer action continued in both the New York and London markets as the day progressed.  The upward moment in New York in a market lacking volume seller activity continued through to the late afternoon session, while the US Dollar tracked lower, potentially aiding in the upward momentum. The New York market encountered a slight degree of resistance late in the day to limit the gains with the market settling on a very firm note and most of the earlier gains of the day intact. The London market dropped back from the day’s highs to settle on a modest near to unchanged firmer note at the close.

The London market ended the day on a modest near to unchanged positive note, with 25.49% of the earlier gains of the day intact, while the New York market ended the day on a likewise positive note with 72.78% of the earlier gains of the day intact.  is firmer close for the markets, with the New York market trading in firmer territory to settle near to the highs of the day, while the London market settled on a firmer note back from the day’s highs in a good volume day ahead of first notice day in the New York market on Monday, which might see the markets set for a buoyant start to early trade today, against the prices set yesterday, as follows: