Agriculture – Rising Coffee Stocks Pressure Prices
Arabica coffee prices fell for a third consecutive session yesterday, as persistent growth in certified stockpiles overcame supply concerns -- at least temporarily.
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Agriculture – Rising coffee stocks pressure prices
Data show that total coffee stocks at US port warehouses, monitored by the ICE exchange, rose for a fifth consecutive session to 803.1k bags as of 25 February.
London cocoa prices saw something of a recovery yesterday. This follows the broader weakness seen recently. A tight market following three consecutive years of deficit is likely to keep prices trading volatilely. Meanwhile, cocoa arrivals to warehouses in Ghana are up around 70% year on year, thanks to a better 2024/25 crop. For the top producer, Ivory Coast, arrivals are up around 17% YoY.
