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 ...
Global arabica coffee prices hit record highs above $3.60 per lb on Wednesday as Brazil, by far the world's largest producer, ...
The international coffee market experienced a notable rally as futures for both Robusta and Arabica coffee closed higher, buoyed by supply concerns and increased fund buying.The surge was recorded on ...
Coffee prices hit a new high Monday, the day after President Donald Trump threatened – and then reversed course on – a 25% ...
Arabica coffee prices hit a record level, as traders digested the withdrawal of President Trump’s threats to impose tariffs ...
Coffee futures soar to $3.35/lb, highest since 1977. Inflationary price increases expected. Starbucks may be shielded by ...
Summary: I was going to start today’s Morning Commentary by mentioning markets were quiet overnight, but that wasn’t ...
Despite easing from the record highs reached in December 2024, cocoa and coffee futures continue to trade at elevated levels, ...
prompted short covering in coffee futures. Dry conditions in Brazil also support coffee prices as arabica coffee climbed to a 3-week high Monday when Somar Meteorologia reported that Brazil's ...
Coffee prices today are moderately higher as a weaker dollar prompted short covering in coffee futures. Dry conditions in Brazil also support coffee prices as arabica coffee climbed to a 3-week ...