Get News Fast
Supporting the oppressed and war-torn people of Gaza and Lebanon

The price of coffee hit a record after half a century

With an 83% increase in the price of coffee this year, we are witnessing a new record in the price of this popular drink in the world.

According to Mehr News Agency to Quoting from FF X Street, during the past few days, the price of coffee in the world market has reached a record, and drinking a cup of coffee at breakfast may soon become a habit for many people in the world. become luxury.

With the increase in the price of coffee and its reaching unprecedented figures, we are witnessing the spread of concerns about the significant increase in the price of this drink for consumers around the world, and there is a possibility that we will see the continuation of their price fluctuations in 2025.

After oil, coffee accounts for the largest trade in basic goods in terms of volume in the world, and for example, the price of a pound of Arabica coffee beans has reached 3.5 dollars this month, which is compared to It has grown by 83% at the beginning of the year. Of course, this number has been unprecedented since 1977.

The price of Robusta coffee beans, which has a lower quality and is mostly used in the production of instant coffee, has reached 5,885 dollars per ton, which is equivalent to 73% compared to the beginning of 2024. has grown.

The increase in the price of coffee in the world market indicates the existence of various challenges in the supply cycle of this food item, among which we can mention the weather conditions in the producing countries and geopolitical tensions.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
free zones of Iran, heaven for investment | 741 investment packages in Iran's free zones | With a capacity of over 158 billion dollars Safe investment in the Islamic Republic of Iran

Leave a Reply

Your email address will not be published. Required fields are marked *

eight + 1 =

Back to top button