Coffee To See Longest Run Of Gains In 45 Years – CoffeeTalk
Coffee is set for its longest winning streak since 1980 due to persistent supply concerns in key growing regions. Futures for the arabica variety, preferred by companies like Starbucks, rose as much as 2.4% on Tuesday to another fresh record. The premium bean advanced for a 10th day and is trading just shy of $4 a pound after doubling in the past year. Shortfalls in Brazil, the top arabica grower, continue to worry traders as record shipments earlier in the season mean less supply availability now. Brazilian exporter Comexim Ltda. said that the country’s output of both arabica and cheaper robusta beans is expected to decline in the 2025-2026 crop year. Inventories held at exchange-monitored warehouses are now at the lowest since November, but a recent increase in the amount of coffee awaiting grading could provide some relief to tight supplies on the exchange. A decline in certified stocks would continue to fuel concern over supplies.
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Source: Coffee Talk