Coffee prices today, November 20: Prices turned down sharply due to rain forecast in Brazil

At the end of the trading session, the price of robusta coffee futures contract for November 2025 on the London Stock Exchange decreased by 1.24% (57 USD/ton) compared to the previous trading session, down to 4,517 USD/ton. Meanwhile, the contract for January 2026 futures decreased by 1.24% (57 USD/ton), reaching 4,516 USD/ton.

On the New York Stock Exchange, the price of Arabica coffee futures for December 2025 delivery also decreased by 2.6% (10.85 US cents/pound) compared to the previous session, down to 404.5 US cents/pound. The contract for delivery in March 2026 decreased sharply by 3.3 % (12.85 US cents/pound), reaching 374.85 US cents/pound.

Coffee prices are under pressure following favorable weather forecasts in Brazil, according to Barchart . Climatempo said Brazil's coffee growing regions will see heavy rains from this weekend into next week, supporting crop development and putting pressure on prices.

Coffee prices continued to rise in the previous two sessions as Brazilian coffee continued to be affected by high US tariffs.

However, coffee prices still found support as ICE coffee inventories continued to decline. US tariffs on Brazilian coffee have caused a significant reduction in inventories. ICE-monitored arabica stocks fell to a 1.75-year low of 396,513 bags on Tuesday; ICE robusta stocks fell to a four-month low of 5,648 lots on Monday.

Because of the high tariffs, U.S. buyers have canceled many new contracts with Brazil, tightening domestic supplies, given that about a third of U.S. unroasted coffee comes from Brazil. U.S. purchases of Brazilian coffee from August to October, when Trump’s tariffs began, fell 52% year-on-year to 983,970 bags.

Coffee prices also received support from Somar Meteorologia on Monday, reporting that Minas Gerais, Brazil's largest arabica growing state, received 19.8 mm of rain in the week ending November 14, equivalent to 42% of the historical average.

On the other hand, market sentiment was influenced by forecasts of increased coffee production in Brazil. StoneX said last week that Brazil could produce 70.7 million bags of coffee in the 2026-2027 crop year, including 47.2 million bags of arabica, up 29% from the previous year.

Source: https://baoninhbinh.org.vn/gia-ca-phe-hom-nay-2011-gia-quay-dau-giam-manh-do-du-bao-mua-tai-brazil-251120074144670.html