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Daily Coffee Report 10/15/26

By: StoneX Coffee Team, Softs Coffee Miami

Today was a tale of two markets in coffee. Arabica futures spent most of the session in the red, then rallied after the official settlement period to close 65 points higher at 298.70. Buying in the Z/H spread drove the move, and it picked up once the spread crossed 9.50. It looks like stops were triggered at 11.00 and again at 11.50, with almost no selling above. Z/H closed the session 365 points higher at 11.55, its highest close since 1 September. Origin was largely absent today. As we noted yesterday, producers are choosing not to chase the market. Instead, they are selling in steps as prices rise to them. We think the next layer of origin selling will appear in the 303–306 range basis Z.

Robusta closed the session $106 lower, near the session low of $3,357 basis Jan. Selling in the London terminal picked up as we broke through $3,400–3,390, likely on producer stops being hit. The session high of $3,470 traded on the open, once again marking resistance at the 50-day moving average ($3,473). Total traded volume in London finished above 27,000 lots, nearly matching New York. Despite the weakness in flat price, robusta spreads saw little movement today.

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ICE Arabica

Source: Refinitiv 
Source: Refinitiv 
Source: Refinitiv

Volume: 28,448

ICE Robusta

Source: Refinitiv 
Source: Refinitiv 
Source: Refinitiv

Volume:

27,904

Brazil Arabica

Source: Refinitiv 
Source: Refinitiv

Volume:

755

Arabica-Brazil Arbitrage

Source: Refinitiv 

Arabica-Robusta Arbitrage

Source: Refinitiv 

Arabica Switches

Robusta Switches

Source: Refinitiv 
                             Source: Refinitiv 
  • Coffee

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