Browsing: coffee prices

• Bad weather is severely affecting Brazil, and Vietnam’s coffee output.
• Coffee prices are soaring as global supply decreases from the South American countries.
• As Brazil and Vietnam take a hit, East African coffee producers stand to gain as prices increase.

Coffee output in Brazil and Vietnam has taken a hit owing to bad weather affecting global supply, a scenario that could turn the tide in favour of the bean producers from East Africa.

At the moment, Brazil, which is the world’s largest coffee supplier, is facing worsening drought that is expected to further affect the optimum production of the crop in this year.

Since April 2024, rainfall in Brazil has been below the required amount, which has in turn severely affected the flowering of coffee trees and therefore, overall production.

According to the ICE, there is a drastic decline in arabica coffee stocks which are reported to be at a …