
SOFTS-Arabica coffee prices rise as exchange stocks fall

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Arabica coffee futures rose 0.9% to $3.5145 per lb, supported by declining exchange stocks, which fell to the lowest level in 18 months. The market is anticipating a meeting between U.S. President Trump and Brazil's President Lula to discuss a potential revision of a 50% U.S. tariff on Brazilian coffee. Meanwhile, Robusta coffee prices dropped by 2.5%, and cocoa prices saw a decline as well, with London cocoa down 0.9%. Raw sugar prices increased by 0.8% amid rising sugar production in Brazil.
NEW YORK, Sept 25 (Reuters) -
Arabica coffee futures on ICE rose on Thursday, extending their advance from the previous session, as declining exchange stocks helped support prices.
COFFEE
- Arabica coffee (KCc2) settled up 3.05 cents, or 0.9%, at $3.5145 per lb, after climbing 4% on Wednesday.
- Dealers noted that exchange stocks stood at 601,717 bags as of September 24, down 14,186 bags from a day earlier and at the lowest level in a year and a half. A month earlier, they stood at 729,934 bags.
- The market was keenly awaiting a planned meeting next week between U.S. President Donald Trump and Brazil President Luiz Inacio Lula da Silva to see if a 50% U.S. tariff on Brazil coffee could be revised.
- The Brazilian president told reporters on Wednesday that he hoped he and Trump would mend the relationship between the two countries if they meet in a few days, as they agreed to on Tuesday, during a conversation at the United Nations General Assembly in New York.
- Robusta coffee (LRCc2) lost 2.5% to $4,082 a metric ton.
- Trading activity remained subdued in Vietnam ahead of the new crop season coupled with limited supply of beans, while the weather turned favourable for the second-stage development of coffee trees in Indonesia, traders said.
COCOA
- London cocoa (LCCc2) settled down 43 pounds, or 0.9%, to 4,888 pounds per ton, with the market consolidating just above a two-month low of 4,874 pounds.
- Dealers said the market’s focus was on the start of the 2025⁄26 season on October 1, with Ivory Coast expected to announce the price that will be paid to farmers in the next few days.
- Third quarter grinding data for Europe, North America and Asia, due to be released in early October, is also likely to be closely watched with weak demand a major concern.
- New York cocoa (CCc2) fell 1.5% to $6,956 a ton.
SUGAR
- Raw sugar (SBc1) settled up 0.12 cent, or 0.8%, at 15.76 cents per lb.
- Sugar production in Brazil’s key center-south region in the first half of September likely rose 15% year-on-year to 3.6 million metric tons, a survey of 11 analysts published by S&P Global Commodity Insights showed on Thursday.
- White sugar (LSUc1) rose 0.9% to $462.90 a ton.
