The latest global coffee price
The global price of Robusta coffee
The global price of Arabica coffee
Global coffee price review
In the past month, the global price of green coffee beans has experienced significant fluctuations. After recording growth in the early months of the year, the price of Arabica coffee entered a sharp downward trend and reached its lowest level in recent weeks. Its current price is now around $3.9305 per pound, which is still down compared to the previous month, but in recent days there have been signs of a relative price recovery. However, the overall trend in the past month has remained downward.
A similar situation exists in the Robusta coffee market. Prices have been mainly declining in recent weeks and are now in the range of $4,540.00 per ton. Meanwhile, Robusta has also recovered slightly in recent days after continuous declines, although occasional fluctuations are still noticeable.
These recent fluctuations and declines have been influenced by factors such as a relative improvement in supply in some producing regions, reduced concerns about severe shortages, less critical weather conditions than in previous months, as well as adjustments in global demand.
Comparison of Arabica coffee price to Robusta coffee price globally
The price per kilogram of Robusta coffee is around US$4.5400 (based on an approximate price of US$4,540.00 per metric ton).
The price per kilogram of Arabica coffee is around US$8.6653 (based on a price of US$393.05 per 100 pounds, equivalent to around US$8.6653 per kilogram, and based on the current exchange rate, equivalent to around US$3.9305 per pound).
Global Arabica coffee price forecast
Given the recent fluctuations in the coffee market, analyses indicate that prices may experience mild short-term volatility due to factors such as weather conditions (El Niño/La Niña) and changes in supply in producing countries. The price of Arabica coffee, after a rapid rise, has now dropped to around $3.9305, while the price of Robusta has increased to the $4,540.00 range.
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Frequently Asked Questions about Coffee Prices
Arabica Coffee: Its price has increased over the past month from a high of $3.9075 earlier in the month and is currently stable at around $3.9305. This change represents a significant increase and a clear upward trend over the past month, although there have been signs of a partial reversal in recent days.
Robusta Coffee: Despite occasional fluctuations, its price has risen from the $4,522.00 range to around $4,540.00. This gradual increase reflects the continued pressure of supply and increasing demand in the market, although the market has reached relative stability in recent days.
Key factors include adverse weather conditions in major producing regions, ongoing geopolitical tensions affecting trade routes, and currency fluctuations impacting export profitability.
Producers of coffee-based products have faced higher raw material costs, which could lead to increased retail prices. Consumers might see a slight rise in coffee prices at cafés and supermarkets, prompting some to seek more cost-effective blends or alternative beverages.