Dec 27, 2019
Coffee beans demand climbs an all-time high
The Arabica coffee futures soared 30% after lying low in November with price being 132 cents per pounds, which is a peak since late September 2017.
As Brazil and Vietnam countries have announced to cut their coffee production by 2020-year end, this reason and another being an increase in coffee consumption by Asians due to change in dietary habits have resulted in price increase in international coffee beans commodity.
Read More: https://www.industryglobalnews24.com/coffee-beans-demand-climbs-an-alltime-high