Arabica coffee steadies amid further signs of growing Brazil supplies

LONDON: Arabica coffee futures on the ICE exchange steadied on Tuesday, reversing the prior session’s technically driven gains as further signs emerged of growing supplies from top producer Brazil. Sugar and cocoa rose meanwhile.

COFFEE Arabica coffee edged 0.1percent lower at USD2.8845 per lb

at 0933 GMT, after closing up 3.6percent on Monday. Brazil’s coffee exports are on track to set a record in September, with shipments to date 34percent higher than a year ago.

Brazil is wrapping up what is set to be a record 2026 coffee harvest, which is putting coffee under pressure overall. However quality concerns mean actual availability might disappoint, while technical signals are also prompting some selling. Robusta coffee slipped 0.5percent to USD3,370 a metric ton. COCOALondon cocoa rose 0.8percent to £4,211 pounds per ton, having closed down 0.7percent on Monday. Heatwaves in Europe this summer and higher chocolate prices dented demand, Lindt & Spruengli said as it cut its 2026 sales forecast for a second time this year.