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Arabica and Robusta coffee bean futures prices hit a 10-year high Affected by shipping bottlenecks, surging demand and drought weather, coffee prices rose to their highest level in 10 years on Wednesday. On December 6, US local time, Arabica futures had exceeded 250 cents, closing that day at 250.20 cents per pound, nearly double the level at the start of 2021. Although coffee futures
2021-12-09
World coffee price market news | Robusta and Arabica coffee bean futures prices reach ten-year highs Since the start of this year, one piece of bad news after another has come from the coffee futures market. First, Arabica futures prices hit a 10-year high, and now it is Robusta's turn. London Robusta coffee futures closed at 2,384 USD per metric ton on December 3, closely following the Arabica price, also reaching a 10-year
2021-12-05
Global coffee prices surge to a ten-year high, raising the risk of default by Ethiopian coffee farmers Ethiopian coffee production rises According to a November 16 report by STiRTea&Coffee, the world's leading tea and coffee industry magazine, at a time when most coffee-producing countries in the world have been reported to have declining production, good news comes from Ethiopia. Even as Ethiopia is suffering from continuous wors
2021-11-24
Why Arabica coffee prices hit a 9-year high: Ethiopia under curfew due to civil war, fertilizer prices soaring in the Americas, next year's coffee production affected According to a Bloomberg report on US time November 15, Arabica coffee bean prices reached their highest level in 9 years this Monday, with unrest in Africa and soaring planting costs for coffee farmers in South America both contributing to the Arabica market price. Ethiopia, as the world's third-largest producer of Arabica coffee beans
2021-11-16
India Coffee News | Coffee market prices rise, but Indian coffee farmers do not profit from it; coffee production and quality affected by rain Coffee farmers do not see higher returns from rising coffee prices. According to an October 30 report by The Hindu, an influential English-language daily newspaper in India, the gap between the international market price of robusta and India's domestic market price has become a major concern for Indian coffee growers. Despite
2021-11-11
Brazil Coffee Producing Country News: Coffee Transport Blocked by Strike, Coffee Farmers Sued for Breach of Contract as Coffee Market Prices Soar Brazil Coffee Production Expected to Rebound After Above-Average Rainfall According to a Bloomberg report on November 5, EcomTrading, one of the world's largest coffee traders, said the drought situation was alleviated after rainfall, and Brazil has seen above-average rainfall since September, which is positive for Brazil's 2022
2021-11-07
Robusta prices hit a ten-year high as Indonesia's October exports plunge more than 50%, Vietnam exports restricted Sumatra Robusta exports fell 51.5% in October. Reuters reported on November 1 that data released by Indonesia's trade office on Monday showed that Indonesia's Sumatra Robusta coffee bean exports in October amounted to 12,349.62 tons, down 51
2021-11-02
Because Ugandan coffee prices are higher than Tanzanian coffee prices, Tanzanian coffee is smuggled into Uganda for sale Local cooperative alliances in Uganda take active measures to increase production. CGTN reported on October 3 that the Tanzania Coffee Board said that day it had already taken active measures aimed at raising Tanzania's 2025 coffee production to 300,000 tons. Tanzania's Minister of Agriculture also expressed support for the measure in an interview
2021-10-30
Vietnam Robusta price news: Domestic Robusta coffee prices stable; flooding disaster occurs in Vietnam's Central Highlands coffee-growing region Vietnam's coffee exports decline in September. According to a Reuters report on October 17, Vietnam government customs data show that Vietnam's coffee export volume in September fell 0.7% compared with August, to 27.03 billion USD. In a statement by the country's General Department of Customs, it was stated that Vietnam's imports in that month fell 2.5%
2021-10-25
Ugandan coffee is hugely popular in the Italian market: Uganda's coffee bean shipments surged 21% in September, reaching a 30-year high Uganda's coffee exports surge. According to a MarketScreener report on October 19, a report from the national industry regulator showed that Uganda's coffee exports last month increased 15.6% compared with the same period last year, mainly thanks to the arrival of Uganda's coffee harvest season, as well as global price
2021-10-22

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