Coffee Daily News Robusta Prices Reach 29-Year Peak: Factors Driving Increased Demand
Robusta Prices: In recent years, many coffee traders and roasters have undoubtedly observed a steady rise in robusta prices. By October 2021, Increased demand the price had hit a decade high, largely due to global shipping container shortages, marking the sixth consecutive year of price increases.
Robusta prices: By June 2023, the International Coffee Organization reported that the average price of robusta had surged by 7.8%, reaching 132.12 US cents per pound, which was the highest level in 28 years.Increased demand …