The price of Arabica coffee accelerates

The price of Arabica coffee reached its thirteen-year peak: On Monday at the Intercontinental Exchange stock one pound (45 decagramme) Arabica coffee cost 1.89 dollars.

Since the beginning of June, the price of the coffee increased by 35 percent. The price increase is essentially due to technical purchases. According to experts; the price of Arabica coffee may go up to 1.92 USD in the near future, but expecting a decline in medium terms, when the new crop harvest occures – reports Népszabadság Online.