Arabica Coffee Futures at Over 2-Week Low
2026-03-30 14:28
By
Luisa Carvalho
1 min. read
Arabica coffee futures eased to near $2.9 per pound, the lowest in over two weeks, pressured by expectations of increased global supply, especially from top producer Brazil.
The start of the harvest in the coming weeks is expected to gradually increase the availability of coffee in the physical market, which reinforces seasonal pressure on prices.
On Thursday, Marex Group Plc projected a record 2026/27 Brazil coffee crop of 75.9 million bags, surpassing last week’s forecast from Sucafina of 75.4 million bags, and representing a 15.5% year-on-year increase.
Earlier this month, StoneX also raised its Brazil 2026/27 production estimate to a record 75.3 million bags, up from 70.7 million bags in November.
At the same time, certified Arabica stocks have picked up recently, though still below historical norms, providing some relief to near-term supply pressures.
Meanwhile, the market remains alert as Middle East tensions push oil prices higher, boosting transportation and operational costs.