Coffee Falls as Brazil’s Real Slumps After Lula’s Win (26 October 2026)
Coffee opened the week sharply lower as Brazil’s post-election currency sell-off increased the incentive to hedge exports. December Arabica fell below 295 cents before recovering to settle at 300.95 cents/lb, down 6.50 cents or 2.11%.
The rebound left December lower for a third consecutive session, but nearby coffee continued to command a substantial premium. March and May fell more heavily, widening December’s advantage over both deliveries.
London also recovered from its early lows. November Robusta settled at $3,194/t, down $34 or 1.05%, while January lost $41 to $3,201/t. November’s fifth consecutive decline came as harvesting began in Vietnam and rising Robusta exchange inventories added to supply pressure.
| Contract | Settlement | Daily change | Change % | Session range |
|---|---|---|---|---|
| Arabica December 2026 | 300.95 cents/lb | −6.50 cents | −2.11% | 294.90–304.00 |
| Arabica March 2027 | 285.20 cents/lb | −8.20 cents | −2.79% | 281.50–289.65 |
| Arabica May 2027 | 280.65 cents/lb | −8.35 cents | −2.89% | 277.25–285.30 |
| Robusta November 2026 | $3,194/t | −$34 | −1.05% | $3,113–3,247 |
| Robusta January 2027 | $3,201/t | −$41 | −1.26% | $3,140–3,212 |
| Robusta March 2027 | $3,188/t | −$41 | −1.27% | $3,133–3,202 |
