Reported 1 day ago
Coffee prices have surged significantly, with roasted coffee up 12.7% and instant coffee 16.3% year-over-year. Demand for coffee remains strong in the US despite rising costs, partly due to expected tariffs on imports from major producers like Brazil and Vietnam, which could further increase prices. Climate challenges and rising global consumption continue to pressure supply, making higher prices a possibility in the near future.
Source: YAHOO