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Arabica coffee futures rose more than 50% this year

 Last Update: 2021-11-01
 Source: Internet
 Author: User

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Recently, affected by the shortage of supply, the price increase of coffee futures has aroused market concern .
Data from the American Intercontinental Exchange shows that from the beginning of this year until now, the price of Arabica coffee futures has risen by more than 50% .
Reindeer Coffee, the second largest coffee chain in the United States, said recently that the company is currently hoarding coffee beans due to concerns that the shortage of coffee beans will increase .
Analysts said that the shortage of coffee beans, coupled with many factors such as insufficient containers and port congestion, may further increase the price of coffee that consumers buy in the future .Coffee prices United States

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