
Coffee prices surge to record levels: what's behind the rally? - IG
4 days ago · The surge in coffee prices comes after a sideways month during December, when the price consolidated following its previous rally. Notably, the price avoided any extended move lower in the final weeks of 2024, and indeed the early December weakness was met by heavy buying, though the price’s gains were capped at $34.00.
Coffee in New York jumps 6% to new record amid 'panic buying'
10 hours ago · Robusta coffee , a cheaper alternative to arabica used mostly to make instant coffee, rose 2.4% at $5,697 a ton, having hit its highest on record on January 31 at $5,840.
Coffee Prices Soar Over 100%, Near Historic Rally As Inflation ...
6 days ago · Coffee prices hit record highs, surging 100% year-over-year and surpassing 1977 levels, sparking fears of high inflation on coffee cups.
Coffee prices rise to nearly 50-year high due to weather changes …
Dec 12, 2024 · Volcafe, a top coffee trader, cut its 2025-2026 production outlook by nearly 25% to 34.4 million bags of Arabica beans on Tuesday, according to Bloomberg. This marks the fifth consecutive year of deficits for Volcafe which has now cut nearly 11 million bags since its estimates in September.
Coffee prices surge to record highs above $3.60 per lb | Reuters
Jan 29, 2025 · Global arabica coffee prices hit record highs above $3.60 per lb on Wednesday as Brazil, by far the world's largest producer, has few beans left to sell and as worries over its upcoming...
Coffee prices at record high after bad weather - BBC News
Dec 11, 2024 · On Tuesday, the price for Arabica beans, which account for most global production, topped $3.44 a pound (0.45kg), having jumped more than 80% this year. The cost of Robusta beans, meanwhile, hit...
Why are coffee prices touching a record high? - Firstpost
Dec 10, 2024 · The price of coffee has hit its highest level since 1977 with Brazil and Vietnam, the world’s two largest coffee producers, potentially facing a poor crop this season. Experts say companies are likely to pass on any increase in prices to consumers
Coffee prices at record high after bad weather - BBC
Dec 10, 2024 · Coffee drinkers may soon see their morning treat get more expensive, as the price of coffee on international commodity markets has hit its highest level on record. On Tuesday, the price...
Coffee prices hit record high after bad weather - ABC News
Dec 11, 2024 · Global coffee bean prices have soared to their highest level in nearly half a century due to bad weather in major coffee growing regions. Food giants like Nestle are now set to pass on price increases to coffee drinkers, with companies preparing to negotiate their coffee contracts early next year.
Coffee prices hit record high - NewsNation
Dec 12, 2024 · Higher coffee prices could be brewing for consumers as the global coffee market smashed a 47-year record. Arabica coffee sold for $3.44 a pound on the global market earlier this week, beating the prior record high of $3.35 set in 1977.