Thursday, February 19: Coffee prices extended their decline, slipping to the lowest level in 15 months amid sustained selling pressure in the commodities market.
According to data from Trading Economics, coffee fell to 277.15 USD per pound, marking its weakest level since November 2024. The commodity was down over 3% in the latest session, reflecting continued bearish momentum.
The recent slide has been sharp. Over the past four weeks, coffee prices have declined 19.86%, highlighting a significant correction in the short term. On a longer horizon, the trend remains negative, with prices down 30.07% over the last 12 months.
The sustained drop suggests fading speculative momentum and a broader pullback across agricultural commodities. With prices now at multi-month lows, market participants will closely track supply trends, export data, and global demand cues to gauge the next directional move in coffee futures.