11:11 - 7.07.2026

---

July 7, Fineko/abc.az. Adverse weather conditions in Brazil, the world's largest coffee producer, and reduced short-term supply have led to a sharp increase in the price of Arabica coffee in global markets.

Key indicators and market dynamics:

A record in 26 years: During trading on the New York Stock Exchange, Arabica coffee futures soared 18.5% to reach $3.57. This is the highest price level since January 2023, and the fastest intraday gain since July 2000.

Declining stocks: Certified exchange Arabica coffee stocks have been declining for the ninth consecutive business day, reaching their lowest level since March 2024.

The producers' position: Despite initial expectations of a high harvest, the deteriorating weather has slowed down the harvesting process. Farmers are hesitant to sell their products, hoping for further price increases, which has exacerbated the market's shortage.

The threat of El Niño: Meteorologists have warned that the expected rainfall in mid-July in most parts of Brazil will have  negative impact on coffee plantations. This weather anomaly is directly linked to the global climate phenomenon of El Niño, which is gaining strength from week to week.