Coffee Bean Prices Hit Four-Month Low on Global Market

Coffee prices have skyrocketed in recent months and this week many stores raised the price even further.

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Coffee Bean Prices Hit Four-Month Low on Global Market
Photo: Viktoria Bank/TT

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But perhaps a decrease may come in the future. For on the global market, the raw material price of certain coffee beans fell to its lowest in four months, after having risen sharply earlier in the year.

The Robusta terms dropped by up to 3.5 percent on the London market and are heading towards the longest period of price decreases since October.

Vietnam, a major producer of Robusta beans, has received some of the highest tariffs imposed by the USA, 46 percent. Now the market expects this to affect the coffee price so much in the USA that the demand for beans decreases.

But the uncertainty in pricing right now is great due to the tariff turmoil.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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