Arabica Coffee Futures Slip
2025-11-12 15:40
By
Luisa Carvalho
1 min. read
Arabica coffee futures eased to near $3.9 per pound, the lowest since late October, after President Trump’s suggested possible US tariff reductions on coffee imports.
Traders also awaited a US Supreme Court ruling on Trump's use of emergency powers to impose sweeping tariffs on key trading partners.
Meanwhile, market fundamentals remain strong, supported by low inventories and weather-related uncertainties in major producing countries.
Certified Arabica stocks have been declining since August across most origins, notably Brazil, Mexico, Honduras, Nicaragua, Peru, and Uganda, with ICE-monitored inventories falling to a 1.75-year low of 406,129 bags as of November 11.
Weather conditions in Brazil, the leading coffee producer, have been closely tracked in recent weeks as the 2026/27 cycle gets underway.
Recent rainfall improved Brazil’s 2026/27 Arabica prospects after early dry spells and premature flowering, but final harvest size is still unclear.