Record-breaking Rise in Robusta Coffee Prices Causes Fears of Supply Shortage

April 15, 2024

The price of a ton of Robusta coffee has reached a 15-year high. Currently, a ton of beans costs $3838 - a level not seen since the 2008 crisis. Sellers are concerned about a potential shortage in supplies, which is predicted due to a water shortage in Vietnam, one of the main coffee exporters.