The price of coffee jumped to heights has not seen for years
Coffee futures quotes have seen an overnight increase since 2015 – origo wrote. However, this is not a big surprise when we consider that commodity prices have increased by 38 percent this year.
Coffee futures (March 2020 delivery) rose on Monday by 7 percent. There has been no such overnight rise since 2015. Nonetheless, the price of coffee today is around a 3-year high and has risen 38 percent so far this year, writes CNBC.
Overall, this year saw a spectacular rise in the coffee market, mainly due to a shortage of supply. (origo)
Related news
Coffee and tea prices before explosion
Morning coffee or afternoon tea is not just a matter…
Read more >Nestlé’s coffee brand surpasses regenerative agriculture goal for 2025
Nescafé said it sourced close to a third of its beans…
Read more >Lavazza Considering Merger with Dallmayr – A European coffee giant may be in the making
Italian coffee group Lavazza is reportedly exploring a merger with…
Read more >Related news
GKI analysis: Why do Hungarian households live more poorly than anyone else in the EU?
Imagine that the residents of every EU country shop in…
Read more >KSH: industrial producer prices decreased by 0.7 percent in May 2025 compared to the previous month, and increased by an average of 6.9 percent compared to a year earlier
In May 2025, industrial producer prices were 6.9 percent higher…
Read more >Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >