Coffee prices increased significantly
Arabian coffee prices rose 7.2 percent in one week in the US commodity market for the March deadline – Világgazdaság Online wrote.
According to the data of Investing.com; yesterday, the traders gave 116.45 USD for a pound of coffee (0.45 kilograms). The Arabica’s main production area is Brazil, including the Minas Gerais region, in the Belo Horizonte region. Here only quarter of the historical average rain has fallen recently. Approximately 70 percent of the world’s coffee production is produced from this type of coffee, the other part is robusta. (vg.hu)
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
Fitch: Global economy recovering as tariff war eases – China and US may drive growth
Fitch Ratings expects stronger-than-expected economic performance in 2025: according to…
Read more >Melon import volume drops by 51 percent
Compared to last year, the volume of melon imports has…
Read more >The Consumer Protection Authority also checks watermelons during the summer period
Experts from the National Trade and Consumer Protection Authority (NKFH)…
Read more >