LONDON: Coffee futures rose to five-month highs on Thursday, buoyed by crop concerns in top producers Brazil and Vietnam, while white sugar surged to a 9-1/2-month peak.
Robusta coffee gained 2.6percent to USD3,868 a metric ton by 1015 GMT after climbing to a five-month peak of USD3,920. Dealers noted there were concerns about the prospects for the 2026/27 crop in top robusta producer Vietnam. “This year’s irregular rainfall and extreme heat have increased fungal diseases, raising concerns about production,” one trader in Vietnam said.
Vietnam exported 1.1 million metric tons of coffee in the first half of 2026, up 9.7percent from the same period a year earlier, the government said in a statement on Thursday.
Arabica coffee rose 0.2percent to USD3.1040 per lb after hitting a five-month high of USD3.1680 earlier in the session. Dealers said harvest delays in top producer Brazil and tight old crop supplies have combined to boost prices.
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