The price of Arabica coffee continues to rise.
Oku.Az “Trading Economics” reported on this.
Thus, during trading on Wednesday in New York, the price of futures rose more than 3% and reached $3.22 per 0.45 kg.
This is the highest level since at least 1972.
Since the beginning of this year, the price of Arabica coffee has increased by approximately 70% in the United States and 85% in the United Kingdom.