On Friday, May arabica coffee (KCK26) closed at $302.00, down $5.95 (-1.93%), while May ICE robusta coffee (RMK26) fell to $3,619.00, down $3 (-0.08%). Coffee prices declined following forecasts of a record Brazilian coffee crop of 75.9 million bags for the 2026/27 season by Marex Group Plc, surpassing previous estimates.
Reports indicate that Brazil’s coffee exports dropped significantly in February, with green coffee exports down 27% year-on-year to 2.3 million bags. Additionally, robusta coffee inventories on the ICE fell to a 3.25-month low of 4,127 lots, hinting at tighter supplies despite overall bearish trends from abundant rains in key coffee-growing areas.
Vietnam’s coffee exports surged, with Jan-Feb 2026 exports up 14% year-on-year to 366,000 MT. The International Coffee Organization reported a slight decline in global coffee exports for the current marketing year, underscoring mixed trends in the coffee market ahead of anticipated changes in production levels.
