Local

Local November 30, 2024 | 10:47 am

With a spectacular rise in prices, coffee becomes a luxury good

Is coffee becoming a haven? The prices of this commodity are breaking records, with a pound of arabica surpassing $3.40 on November 28. This trend is causing a lot of turmoil in the market and has led producers to reevaluate their strategies. Coffee is reaching prices that have not been seen in almost 50 years. The prices of both the arabica bean—which represents two-thirds of world productio... Read more

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