Global coffee price rally hits 50-year high, no signs of slowing, analysts say

Published 2024년 12월 13일

Tridge summary

Coffee prices are reaching record highs due to a combination of factors including drought and high temperatures, with the situation showing no signs of improvement. The current situation has led some analysts to predict a lengthy recovery period for the commodity. The high reliance on supplies from specific regions is also contributing to the price surge.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A record rally in coffee prices shows no signs of slowing, with some analysts warning that it could take years for one of the world's most popular commodities to recover. Drought and high temperatures, along with the world's reliance on supplies ...
Source: Agronews

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