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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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