| Over the past weeks, there was a clear uptick in market activity, particularly for ingredient styles such as Style 5 and Style 6. These styles are now drawing strong interest from buyers across regions, with several packers reporting solid sales positions. The relatively low price levels for these styles continue to support demand, which is encouraging for long-term market stability. This renewed interest comes at a time when global supply is tightening. Both Australia and South Africa have reported significantly lower yields due to adverse weather, and while Kenya and Guatemala offer some balance, the overall crop is expected to fall short of earlier forecasts. With fewer transactions observed in September and inventories gradually tightening, the market is showing signs of firming. For snacking styles, the situation remains unchanged: Style 0 and Style 1L are in short supply, with limited offers and active enquiries. Style 2 remains available, but movement is still slow. Ingredient styles from Style 4L downward are more accessible, though the recent surge in demand for Style 5 and 6 suggests that availability may not last. Buyers are advised to secure cover not only for snacking styles but also for ingredient styles, especially as the current supply situation is unlikely to improve before the new Southern Hemisphere crop from May/June 2026. |
