NewsSignals AI analysis·Reuters·
Robusta coffee edges higher, cocoa hits one-month lows
Grade Bbearish AI signal$RC2!$KC1!$CC1!$C2!$SB1!$SF1!
Robusta coffee futures edged 1.6% higher to $3,279 per metric ton, while New York cocoa plunged 3.7% to a one-month low as sluggish demand and rising exchange inventories weighed on prices.
Vietnam's robusta harvest is underway and expected to peak later this month, while cocoa exchange stocks climbed to 40,300 metric tons from 22,290 tons a year earlier.
Continued cocoa oversupply concerns could pressure prices further, while coffee markets may remain volatile as traders assess harvest output and global supply conditions.
Bullish strength: 45/100
- Robusta coffee futures gained 1.6%, recovering from last week's 2.5-year low.
- Uganda's coffee exports fell 13% year-on-year in October.
- Central American and Mexican coffee production is projected to decline 9.3% in 2026/27.
Bearish strength: 55/100
- Vietnam's robusta harvest is expected to deliver output comparable to last year.
- New York cocoa futures fell 3.7% to a one-month low.
- Cocoa exchange inventories increased to 40,300 metric tons from 22,290 tons a year earlier.
- Sluggish cocoa demand is weighing on prices.
- Prospects for higher Brazilian sugar production are limiting sugar prices.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.