Coffee prices surge to record highs above RM15.81 per pound

Global arabica coffee prices hit record highs above $3.60 per lb on Wednesday as Brazil, by far the world’s largest producer.

: Global arabica coffee prices hit record highs above $3.60 per lb on Wednesday as Brazil, by far the world’s largest producer, has few beans left to sell and as worries over its upcoming harvest persist.

“Global coffee supplies remain limited. Vietnam is progressing slowly with sales of its robusta crop. The arabica harvested in Central America and Colombia is taking longer to get to the market, and Brazilian farmers don’t show much interest in selling more,“ said broker HedgePoint Global Markets on Wednesday.

Coffee exports from India, the world’s fifth largest robusta producer, are expected to decline more than 10% in 2025 due to lower production and reduced carry-forward stocks from last season’s crop.

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theSundaily /  🏆 25. in MY

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