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Coffee beans demand climbs an all-time high

Published On 23 Dec 2019 10:24 AM


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The Arabica coffee futures soared 30% after lying low in November with price being 132 cents per pounds, which is a peak since late September 2017.

As Brazil and Vietnam countries have announced to cut their coffee production by 2020-year end, this reason and another being an increase in coffee consumption by Asians due to change in dietary habits have resulted in price increase in international coffee beans commodity.

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Tags : coffee futures, Agriculture, coffee consumptions,
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