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| Madison Pettis |
Daily Coffee News, The Price of Coffee is All Over the News, But What Is the Price of
Coffee? and Coffee Roasters Are (or Should Be) Raising Prices. Here’s Some Advice on
How
Coffee prices are, in relative terms, really high right now.
The ICE arabica futures (a.k.a. the “C price”) eclipsed US$4 per pound earlier this month, continuing a generally upward trajectory that started in late 2023. The $4 mark has served as an important psychological marker within the coffee industry, much like the $1 mark did back in 2018, when the C price was at crisis-level lows.
While volatility continues to define the coffee market, a key difference between now and then is that most analysts and traders are not expecting a major pendulum swing. In other words, even if coffee prices retreat some in the coming months, experts predict they will remain at historically high levels, relatively speaking.
Thanks, Brandon.
The Wombat has Rule 5 Sunday: Denim on the Beach up and garnering clicks at the Other McCain.
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