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Arabica futures climb 2.40% as ICE stocks hit 2.5-year low and Brazil harvest slows

AI Market Summary
Arabica coffee futures jumped as near-term supply tightened: ICE arabica inventories fell to a 2.5-year low and heavy rainfall in Minas Gerais disrupted Brazil's harvest, with Cooxupe and national progress lagging last year and the five-year average. While USDA projects higher 2026/27 global output, current logistics and weather risks (including strong El Niño) support prompt-month pricing, keeping volatility elevated.
Impact level
● Medium
Affected assets
NCCOCOFFEE2USD/USDT+2.07%
AI Insight · NCCOCOFFEE2USD/USDTAI Insight
▲ Bullish
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Arabica coffee futures jumped 2.40% on Thursday, helped by tightening ICE exchange inventories. Heavy rain in Brazil’s Minas Gerais—reaching 2700% of the historical average—has slowed harvesting, leaving Cooxupe and the national harvest pace behind last year and the five-year average. The combination has increased near-term supply pressure.