The International Coffee Organization Composite Indicator Price (I-CIP) decline masked divergent movements across the market, with average Arabica prices increasing while Robusta prices declined. The I-CIP averaged 261.26 US cents/lb in October 2026, down 0.3% from September 2026.

The Colombian Milds’ and Other Milds’ prices rose 0.5% and 1.7% in October 2026 compared to September 2026, averaging 357.85 and 334.99 US cents/lb, respectively. The Brazilian Naturals’ price rose 1.5% to 294.49 US cents/lb. In the same month, the Robustas declined 2.0% to 164.19 US cents/lb. This divergence was also reflected in the futures markets: prices on the London ICE market for the Robustas fell by 1.1% to an average of 152.56 US cents/lb, while those on the New York ICE market for the Arabicas rose by 1.6% to an average of 285.10 US cents/lb in October 2026.

Price movements in October reflected contrasting conditions in the Arabica and Robusta markets. Tight certified stocks supported Arabica prices, while improving supply availability weighed on Robustas. Exchange rate movements and weather conditions also influenced market sentiment.

US certified stocks of Arabica coffee fell to 0.23 million bags at the end of October 2026, the lowest end of-month level since January 2002, from 0.26 million bags at the end of September. London certified stocks of Robusta coffee rose to 1.13 million bags at the end of October 2026, the highest level since July 2025, from 0.87 million bags at the end of September.

In September 2026, global green bean exports totalled 10.19 million bags, up 5.8% as compared with 9.63 million bags in September 2025. This marked the fourth consecutive month of positive growth in green bean exports, with a total of six months of expansion during coffee year 2025/26, following two consecutive months of decline at the start of coffee year 2025/26. As a result, green bean exports reached 123.93 million bags in coffee year 2025/26, up 1.3% from 122.33 million bags in the previous coffee year. The Robustas were the main driver of export growth in September and over the coffee year as a whole, pushing their share of total green bean exports to 40.4% in coffee year 2025/26. This marks the first time on record that the Robustas’ share has exceeded the 40% threshold.

Two of the four coffee groups recorded declines, with the following dynamics in September 2026:
• Green bean exports of the Robustas increased by 15.7% to 4.07 million bags.
• Exports of the Colombian Milds increased by 12.6% to 1.19 million bags.
• Green bean exports of the Brazilian Naturals decreased by 2.8% to 3.32 million bags.
• Shipments of the Other Milds decreased by 1.7% to 1.61 million bags.
• Total green bean exports of the Arabicas increased to 6.13 million bags in September 2026, up 0.2% from 6.12 million bags in September 2025.

Global exports of all forms of coffee decreased by 0.7% to 11.55 million bags in September 2026 as compared with 11.63 million bags in September 2025. This marked the fifth month of negative export growth in a coffee year characterized by fluctuating monthly dynamics, which ultimately resulted in exports of all forms of coffee increasing by 1.0% to 142.39 million bags in coffee year 2025/26, up from 141.02 million bags in coffee year 2024/25.

In September, declines in Asia & Oceania and the Caribbean, Central America & Mexico outweighed increases from Africa and South America. Over the coffee year as a whole, however, Asia & Oceania was the main region driving the growth in global exports of all forms of coffee, recording a net gain of 5.81 million bags, which more than offset the combined net losses from Africa and South America.

Two of the four regions recorded falls, with the following dynamics in September 2026:
• Exports of all forms of coffee from Asia & Oceania were down 3.9% to 3.65 million bags.
• Exports of all forms of coffee from Africa increased by 2.8% to 1.53 million bags.
• Exports of all forms of coffee from South America increased by 2.6% to 5.84 million bags.
• Exports of all forms of coffee from the Caribbean, Central America & Mexico decreased by 19.3% to 0.53 million bags.

Green beans were the largest form of coffee exported, accounting for 87.0% of total exports in coffee year 2025/26, while soluble and roasted coffee represented 12.5% and 0.5%, respectively.

Total exports of soluble coffee decreased by 32.6% to 1.31 million bags in September 2026 from 1.93 million bags in September 2025. The decline largely reflects the unusually high export volume recorded a year earlier, with shipments remaining above the five-year median for September. Viet Nam was the largest exporter of soluble coffee in September 2026, having shipped 0.41 million bags.

The decline in global soluble exports in September 2026 versus September 2025 was the main factor behind the drop in global exports of all forms of coffee. The share of soluble coffee in all forms of coffee fell to 12.5% in coffee year 2025/26, from 12.8% in coffee year 2024/25.

Exports of roasted beans amounted to 0.05 million bags in September 2026, down 27.4% from 0.06 million bags in September 2025.

For the full ICO October 2026 green coffee report, visit: ico.org.