Arabica Reclaims 280 as Stocks Fall and Crop Risks Grow (12 November 2026)
Arabica reversed sharply higher on Thursday as December options expired. December gained 11.20 cents, or 4.16%, to settle at 280.20 cents/lb, recovering from a fresh weekly low of 266.70. Its 15.10-cent range encompassed Wednesday's entire session, and settlement was just 1.60 cents below the high. The recovery erased the losses accumulated from Monday through Wednesday, leaving December slightly above the previous Friday's 280.00 settlement.
March advanced 9.90 cents, or 3.74%, to 274.55. It recovered from 262.50, holding above Wednesday's 262.15 low, and broke through the recent 271.00–273.40 high area. December outperformed the deferred contracts as its premium over March widened. The reversal coincided with a substantial reduction in certified Arabica stocks, although the remaining grading pipeline expanded again.
London moved in the opposite direction. January Robusta lost $38, or 1.17%, to $3,207/t after falling to $3,184, below every earlier November session low. Its premium over March narrowed further, reversing the relative resilience London had shown during Arabica's decline.
| Contract | Settlement | Session low–high | Daily change | Change % |
|---|---|---|---|---|
| Arabica December 2026 | 280.20 cents/lb | 266.70–281.80 | +11.20 cents | +4.16% |
| Arabica March 2027 | 274.55 cents/lb | 262.50–275.40 | +9.90 cents | +3.74% |
| Arabica May 2027 | 270.15 cents/lb | 258.35–270.85 | +9.70 cents | +3.72% |
| Robusta January 2027 | $3,207/t | $3,184–3,250 | −$38 | −1.17% |
| Robusta March 2027 | $3,189/t | $3,166–3,224 | −$31 | −0.96% |
| Robusta May 2027 | $3,176/t | $3,156–3,208 | −$25 | −0.78% |
