Coffee prices have risen sharply on the global market due to two factors

The price of Arabica coffee on the New York exchange has exceeded $2.80 per pound amid concerns about the harvest in Latin America and logistical challenges. The situation is further complicated by a decline in global stocks of certified coffee and the strengthening of the Brazilian currency, which limits the export capacity of one of the largest producers.

 UkrAgroConsult reports on rising raw material costs and risks to global supply chains.

Despite U.S. President Donald Trump extending the ceasefire with Iran, the Strait of Hormuz remains closed, driving up energy prices and transportation costs. Adverse weather conditions in Brazil pose additional threats to the upcoming grain harvest. Analysts predict that coffee prices will remain high due to instability in transport routes and climatic factors. Economic pressure on the market is intensified by geopolitical tensions in the Middle East. Currently, the supply of coffee on the global market remains limited, which directly affects the final price of the product. Thus, a combination of political and natural factors is driving a steady upward trend in coffee bean prices.