Tuesday, October 21, 2025
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO North America > News > Robusta coffee prices hit highest level since 2008 as El Niño raises supply fears

Robusta coffee prices hit highest level since 2008 as El Niño raises supply fears

in News
- Robusta coffee prices hit highest level since 2008 as El Niño raises supply fears
Share on LinkedinShare on WhatsApp

Robusta coffee surged to the highest level since at least 2008, making it more expensive for buyers around the world to get a cheap brew.

Futures in London jumped to as much as $2,790 a ton, the highest since the contract started 15 years ago. Beans for September delivery traded at a premium of as high as $91 a ton to the November contract on ICE Futures Europe, the highest on record.

The US Climate Prediction Center confirmed El Niño’s return, and forecasters believe it will be at least a moderate and possibly a strong one. The weather event usually brings hotter and drier conditions to main robusta growing regions including Vietnam and Indonesia threatening crucial supplies.

“There are very low stocks everywhere,” said Kona Haque, head of research at ED&F Man. With the Brazil coffee harvest underway, “the market is pushing prices to a level that will incentive Brazilians to export more conilon beans.”

Prices have soared more than 50% since the start of the year as supplies of the beans — used in instant coffee and espressos — have failed to keep up with surging demand. A cost-of-living crisis has pushed consumers and roasters toward the variety over its more expensive arabica counterpart.

As roasters increase the amount of robusta in their coffee blends, growers struggle to keep pace. A combination of higher fertilizer costs and drought has slashed crop yields. That’s set to keep the global coffee market in a deficit for a third straight season in 2023-24.

Vietnam, the world’s largest robusta grower, probably collected its smallest harvest in four years. The crop in Brazil, the No. 2 producer of the variety, is expected to drop by 5% while Indonesia’s output is projected to fall by 20% on adverse weather conditions.

By Mumbi Gitau / Bloomberg

Tags: ClimateCoffee

Related Posts

Kering and L’Oréal forge new  $4.66 billion alliance
News

Kering and L’Oréal forge new  $4.66 billion alliance

White House Economic Adviser Kevin Hassett says U.S. could take further stakes in industries
News

White House Economic Advisor says shutdown could end this week

China ‘violated’ trade agreement with US, Trump says
News

Trump to resume trade talks with China

US stock exchanges end week up
News

Dow futures drop 300 points as record sell-offs continue

Trump strikes tariff deal with Merck KGaA
News

Trump strikes tariff deal with Merck KGaA

United Airlines CEO Scott Kirby says prolonged U.S. shutdown could harm industry
News

United Airlines CEO Scott Kirby says prolonged U.S. shutdown could harm industry

Salesforce lowers outlook during CFO transition
News

Salesforce posts Q2 win, increases 2030 forecast

Costco begins selling gold bars to customers
News

Gold rises 5% to reach another record high

CEOs of Wells Fargo and Pfizer call on the U.S. to promote innovation
News

CEOs of Wells Fargo and Pfizer call on the U.S. to promote innovation

Stellantis announces $13 billion U.S. investment
News

Stellantis announces $13 billion U.S. investment

No Result
View All Result

Recent Posts

  • From stress to success: a diagnostic for navigating identity and change at work
  • Kering and L’Oréal forge new  $4.66 billion alliance
  • White House Economic Advisor says shutdown could end this week
  • Trump to resume trade talks with China
  • Amazon Web Services outage hits major websites: What we know so far as recovery begins

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.