This is reported by RIA Novosti with reference to stock data. The price of the March futures for arabica reached the level of $3.51 per pound (1/2000 tons). Since January 1, 2025, the price of arabica beans has increased by more than 10%, and prices were stable in December.
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Over the past year, according to the Trading Economics portal, the increase in the cost of coffee on world markets has amounted to more than 87%. The main factor was the poor coffee harvest in the previous season, caused by unfavorable climatic conditions in Brazil and Vietnam, countries providing a significant share of global supplies.
