When will global coffee prices come down?

게시됨 2024년 9월 11일

Tridge 요약

Coffee prices have reached a 13-year high due to extreme weather conditions impacting coffee production, particularly in Brazil, which accounts for 40% of the world's production. The upcoming 2025/26 season is crucial in determining whether prices will fall. Weather conditions in Brazil and Vietnam, the world's other major coffee producer, will influence the market. While robusta prices have risen due to south Asian weather conditions, they may fall in the future. The new European Union Deforestation Regulation (EUDR), set to be enforced on December 30, 2022, could further increase prices by adding traceability requirements. However, non-compliant coffee is expected to be bought by emerging markets like China, and there may not be enough compliant coffee to meet European demand, potentially leading to higher prices to ration demand.
면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Coffee prices have been on the rise for quite some time. For nearly a year, the general trend has been upwards, reaching a 13-year peak on 28 August this year, according to Trading Economics. A recent cold snap in Brazil​, one of the world’s leading producers of coffee, has brought the situation into focus. Indeed, extreme weather events, both hot and cold, can impact yields, largely due to the ever-present climate change. Now, we ask several analysts when – or if - they think these prices might fall. Weather patterns in Brazil are central to coffee prices. The country accounts for 40% of world production, according to Steve Wateridge, head of research at tropical research services at market intelligence firm Expana. Whether coffee prices go up or down, he told FoodNavigator, hinges largely on the crop potential for Brazil’s upcoming 2025/26 season. When the rains return, coffee crops begin to flower, and from this, growers will be better able to predict what the crop potential is ...

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