Coffee prices today retreated from their 1.5-week high, closing the session lower. The dip was attributed to a weakening of the Brazilian Real, which led to a wave of long-liquidation in futures contracts.
Global Coffee Market Update
At the close of the November 4th trading session, Robusta coffee futures on the London exchange reversed course and fell.
- The Robusta contract for November 2025 delivery decreased by 0.63% ($30/ton) compared to the previous session, settling at $4,653 per ton.
- The January 2026 contract fell by 0.25% ($12/ton), closing at $4,681 per ton.
On the New York exchange, Arabica coffee futures also declined.
- The December 2025 contract dropped 0.33% (1.4 US cents/lb) from the previous day, finishing at 405.25 US cents/lb.
- The March 2026 contract fell 0.34% (1.35 US cents/lb), closing at 385.35 US cents/lb.
Market Analysis
According to Barchart and Reuters, coffee prices fell from their 1.5-week high as the weakening Brazilian Real prompted long-liquidation of futures contracts. On November 4th, the Real fell to its lowest level in 1.5 weeks against the US dollar, which encouraged Brazilian coffee producers to increase export sales.
The next steps in the trade negotiations between Brazil and the United States remain unclear, although Brazilian President Luiz Inacio Lula da Silva has stated that the country is ready for dialogue.
However, the price decline was modest, supported by underlying concerns that adverse weather in many parts of the world could impact global coffee production.
- Brazil: A report from the Brazilian meteorological agency Somar Meteorologia noted that the state of Minas Gerais—Brazil’s largest Arabica growing region—received only 33.4 mm of rainfall in the week ending October 31, equivalent to 75% of the historical average. The previous week, the region received only 1% of its normal rainfall.
- Vietnam: Traders noted that Typhoon Kalmaegi is forecast to pass near the central coast of Vietnam, the leading Robusta growing region, around November 7th. Although the storm’s center is expected to remain offshore, rain could still reach the Central Highlands, where key coffee-growing areas are concentrated.
Inventory and Global Export Data
Meanwhile, a 50% tariff imposed by the US on imports from Brazil has caused a sharp drop in coffee inventories on the ICE exchange.
- As of November 5th, ICE-monitored Arabica inventories fell to a 1.75-year low of 430,270 bags.
- Robusta inventories fell to a 3.5-month low of 6,053 lots.
According to the International Coffee Organization (ICO), global coffee exports in September 2025 reached 11 million bags, a decrease from 11.31 million bags in September 2024.
For the full 2024-2025 coffee year, total global exports reached 138.66 million bags, a 0.3% decrease from 139.01 million bags in the 2all 2023-2024 season.
- Arabica exports totaled 84.14 million bags, down from 85.28 million bags the previous year.
- Robusta exports reached 54.52 million bags, a slight increase from 53.73 million bags in the same period.
- Beyond Volume: A Strategic Analysis of the Top 5 Vietnamese Coffee Export Trends for 2026 and Beyond
- Behind the Scenes: An Insider’s Guide to the Vietnamese Coffee Export Procedure
- The Procurement Playbook: Analyzing the Vietnam Green Coffee Price Per Ton Europe
- Coffee Prices Today: Arabica Rebounds While Robusta Faces Divergence
- Specialty Robusta Coffee Vietnam: A Technical Buyer’s Guide for Manufacturers, Distributors, and Roasters
