Coffee demonstrates the longest series of prices for 45 years

04 February 2025, 21:45 | Economy
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Arabica futures, a variety of coffee, mainly used in coffee institutions, went up by 1.6% on Tuesday. The cost of premium grain has increased by the year and approaches $ 4 per pound, which is the longest series of growth since 1980. This is reported by Bloomberg on Tuesday, February 4. . Record export supplies at the beginning of the season led to a reduction in an affordable offer. According to Comexim Ltda, in 2025-2026 marketing year the Arabica and Robusta crop in the country will decrease. . . . Cocoa futures in New York achieved a new historical record. The most active contract grew by 5%, reaching $ 11,578 per metric ton at the beginning of trading on Friday, April 19. . . PIDS INSIALLY OUR CANEL HTTPS: // T. Me/KorrespondentNet TA WhatsApp.




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