The relentless coffee price rally continued on Thursday as arabica hit a new record approaching $4 per lb on extremely tight supplies and fears over the outlook for the coming crop.
The first chart shows an inelastic demand curve, which is characterized by the fact that large changes in price do not change ...
Wednesday closed up +9.05 (+2.53%), and March ICE robusta coffee (RMH25) closed up +49 (+0.88%). Coffee prices posted moderate gains Wednesday, with arabica climbing to a fresh all-time ...
Global arabica coffee prices hit record highs above $3.60 per lb on Wednesday as Brazil, by far the world's largest producer, ...