Coffee prices on December 20 2023: unprecedented increase
Fears that the Asia-Europe maritime transport route will be disrupted have caused commodity prices to skyrocket...
At the end of the trading session, the price of Robusta coffee on the ICE Europe - London floor reversed and skyrocketed. January delivery futures increased by 136 USD, to 2,960 USD/ton, and March delivery futures also increased by 136 USD, to 2,932 USD/ton, extremely strong increases. Trading volume is very high above average.
Similarly, the price of Arabica coffee on the ICE US - New …