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Cocoa beans annual supply deficit between 300,000 and 500,000 tons: the largest shortfall in cocoa beans in over 60 years, prices skyrocket. News. ... $10,000 per metric ton, ...
Cocoa bean prices on the international exchange have risen by over 300% in the last two years. “For many years, the price has ...
Cocoa bean prices on the international exchange have risen by over 300% in the last two years. “For many years, the price has been really low, as much as $3,000 a ton.
The price for arabica beans – the world’s most popular bean variety – reached a 47-year high this week, having risen by more than 18% this year to top 3.44 US dollars (£2.70) a pound.
Exchange prices for cocoa beans exceeded $11,000 per ton for the first time in the history of trading, according to ICE Futures data. The cost of a ton of cocoa beans at its peak reached $11,068.
Prices for robusta coffee, the beans commonly used in instant brews and espresso capsules, surged to a record high of $2,785 a metric ton Friday. Robusta, ...
After a production shortfall in West Africa, cocoa prices rose to $4,000 a metric ton from $2,500. Then they went nuts. Credit...Carl Godfrey Supported by By J. Edward Moreno A failed crop ...
Prices for robusta coffee beans, ... London futures for robusta surpassed $2,600 a metric ton last week, and on May 22 reached their highest closing level since 2010, ...
Robusta coffee beans, mainly used for instant coffee, have also seen an almost 100% increase, with prices currently standing at $5,694 per ton. The dramatic rise in coffee bean prices in recent ...
Cocoa prices have doubled during the past year, hitting an all-time high, Bloomberg reported. The most active cocoa contract hit $5,600 a metric ton, passing a record high of $5,379 in 1977.
The coffee market has experienced quite a jolt. Robusta bean prices have come in slightly, but remain near record highs. Espresso and flat-white lovers may not be getting bitter just yet, but ...