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A grim brew of drought-induced shortages and new import duties means U.S. coffee roasters pay more for beans, must pass on costs to consumers.
As coffee prices reach record highs, the industry is being forced to adjust to a new norm that shows no sign of letting up.
Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best ... for prices. Conab reported on February 4 that Brazil's 2024 coffee exports rose +28.8% y/y to a record ...
with the price gap between the two coffee types widening to US$3,780 per tonne. Despite record-high prices, Vietnamese coffee farmers remain cautious about selling. Nguyen Thi Chien, a coffee ...
The price of coffee, meanwhile, is at a record high. At various points within the past few months, the price of a pound of coffee nearly doubled from the prior year. The price of coffee was $3.73 ...
David Smithman has a garage filled with sacks of coffee beans as he tries to stock up for Yellow Dog Coffee Roasters before ...
KUALA LUMPUR: Malaysian cafe owners who import coffee beans and sell speciality coffees are now faced with the challenge of rethinking their pricing strategies as coffee bean prices hit record highs.
The shortage led to the highest price ever for raw coffee in February, breaking the record set in 1977 when severe frost wiped out 70% of Brazil’s coffee plants. Climate isn’t the only thing ...
The premium that arabica coffee commands over ... losing as much as 3.3%. Still, prices rose the last five straight sessions and are once again nearing a record hit earlier this year.
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