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SOFTS-Robusta coffee falls on ample supplies, cocoa edges up

ReutersJul 21, 2025 3:35 PM

- Robusta coffee futures fell on Monday with newly harvested beans from Brazil and Indonesia ensuring that supplies remain ample while cocoa regained some ground after recent weakness.

COFFEE

Robusta coffee LRCc2 lost 3.8% at $3,221 a metric ton by 1500 GMT.

Dealers said the market was sliding back down towards a 16-month low of $3,186 set a week ago.

They noted the market's main focus remained on whether the U.S. would go ahead with the planned 50% tariff on imports on Brazilian coffee from August 1.

Brazil's finance minister said on Monday his country would not give up negotiating with the U.S. but acknowledged that a trade deal may fail to be reached by August 1, when President Donald Trump's 50% tariffs on Brazilian goods are due to take effect.

About a third of U.S. coffee comes from Brazil and the tariffs, if they transpire, would all but halt the flow of Brazilian beans to the U.S., the world's top coffee drinker.

Arabica coffee KCc2 lost 3.4% to $2.9320 per lb.

COCOA

London cocoa LCCc2 rose 1.4% to 5,035 pounds per ton in a modest rebound after falling by around 4% last week on bearish second quarter grind data.

Dealers said second quarter grind from Asia, Europe and North America showed an overall decline of around 10%, reinforcing concerns that the rise in prices last year has curbed demand.

New York cocoa CCc1 rose 2.3% to $7,978 a ton.

Many cocoa trees in Ivory Coast's key growing regions are flowering, with some showing small pods in a promising sign for the October to March main crop, farmers said on Monday, adding though that more sunshine is needed to boost growth.

SUGAR

Raw sugar SBc1 lost 2.5% to 16.40 cents per lb.

Dealers said early indications point to a potential global surplus in the 2025/26 season with a strong monsoon boosting production in India and Thailand.

White sugar LSUc1 fell 2.5% to $475.40 a ton.

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