Tag: coffee

Coffee froths to new highs as Brazil frost hits crops

Coffee prices surged this week to multi-year peaks, extending stellar gains this year after frost damaged crops in the world's biggest producer Brazil.The futures price for arabica coffee, one of the South American nation's top commodity exports, soared Friday to just over $2 a pound, the highest level since 2014.The commodity has rocketed by a blistering 60 per cent since January.Lower quality robusta coffee, ...

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