Tag: Drought in Brazil

The price of Arabica coffee beans, which are the most common type of coffee beans used globally, reached $3.34 per pound on December 10th. This is a huge increase, especially when you consider that coffee prices have been rising steadily for months. Arabica beans are the ones most commonly used for coffee in cafes and stores, so this rise in price will be felt by coffee drinkers everywhere.

Robusta beans, which are another type of coffee bean, have also seen big price increases. At the end of November, Robusta beans reached a new high of $5,565 per metric tonne. While the price has since dropped slightly to $5,268, it’s still significantly higher than what we’ve seen in the past.