Coffee prices lowest in 20 months

Arabica coffee futures on the ICE exchange fell on Wednesday to the lowest level in more than 1.5 years. The weather in Brazil is ideal for a high harvest this year. On top of that, stocks have risen as Vietnam has increased supplies.

Since the beginning of the year, price falls in the USA have already reached 13 percent. Arabica prices have slipped to their lowest level since May 2021. It will be much cheaper than at present.

(BI)