The Market Update explores how this week’s news, weather and other factors are shaping the global coffee trade.
We witnessed a week of consolidation after the collapse of coffee in recent weeks.
Week on a week there has been little change (296-300) until we opened today, plummeting 15c — trading 284. Generally differentials have all rallied higher, with Brazil leading the way with current crop leaping up to 20c, depending on cup and screen size.
Offers remain very thin from Brazil until New Crop August shipment onwards. Many exporters and farmers are also enjoying Carnival this past week. Elsewhere, we see prices forming and lifting from all Centrals. Strong demand for and fast shrinking offers from Costa Rica, with the smaller Tarrazu harvest. Colombia looks well sold until new crop comes online in June/July. Indonesian is deeply sold with local buyers paying high premiums. Certified lots are becoming increasingly scarce.
Overall, demand has picked up as we see the Tariff pain coming to an end. Additionally, lower coffee futures have certainly brought interest for first half 2026 deliveries.
Spot inventory remains thin, and planning remains key to ensure supply. This is all the more true with Certified coffees. —N.B.
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