Trademagazin > News and articles > Market News > Due to the devastating Brazilian drought, coffee could become more expensive this year
Due to the devastating Brazilian drought, coffee could become more expensive this year
🎧 Hallgasd a cikket:
Coffee has become more expensive in the recent period, only this has not been experienced by consumers yet: the most severe drought of the past 100 years hit Brazil this year, which has led to a shortage in the coffee bean market, according to the Financial Times.
According to an article in the Financial Times, the speculative price of arabica coffee beans in New York was at a four-and-a-half-year high, up 70 percent from last year. Since then, although the exchange rate has slipped slightly lower, the price increase is still significant compared to last year. (Horváth Bence, 444.hu)
Related news
Nescafé already achieved its 2025 regenerative agriculture goals in 2024
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >We spend more than five full days a year drinking coffee
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >E-cigarettes, coffee, energy drinks – what do our teeth “say”?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >
More related news >
Related news
Why buy Hungarian? Imported vs. domestic
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Temu and Shein’s European growth slows down
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Aldi serves up a cheaper Thanksgiving meal deal
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >
