Economy

Economy November 18, 2024 | 10:18 am

Rising coffee prices spark boom in coffee-growing regions

Santo Domingo.- Global coffee prices have reached record highs, benefiting Dominican coffee-growing regions amid one of the country's best harvests in years. On November 14, Arabica coffee was priced at $285 per 100 pounds on the New York Stock Exchange, the highest in a decade. Locally, industries are paying over RD$16,000 per quintal of washed coffee, providing a boost to farmer... Read more

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