Coffee Prices Drop To Lowest Level In More Than A Year

May 22, 2015

Arabica coffee prices for July 2015 fell 5.6 percent to $1.2845, their lowest level in more than a year, The Wall Street Journal reports. This decrease comes after estimates of excess production. The source reports one coffee merchant who had previously estimated a coffee shortage is now predicting a surplus. Volcafe estimates global production at 154.5 million bags and a supply surplus of 1.3 million bags.


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Coffee Prices Drop As Production Increases

Jan. 3, 2014
Global coffee production is expected to exceed demand for the fourth consecutive season, according to Bloomberg Businessweek. Arabica premium coffee prices fell to 27.95 cents...