Coffee Prices Sour As Drought Shrinks Supply In Brazil
Edited By WION Video Desk
Published: Nov 27, 2024, 20:25 IST | Updated: Nov 27, 2024, 20:25 IST
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The price of arabica coffee has surged to its highest level since 1977. this marks a new milestone in the ongoing rally, surpassing a nearly 30-year high earlier this week. the record for arabica was set in 1977. The primary driver is Brazil’s record-breaking drought, which has significantly impacted its coffee crop—the world’s largest. Watch in for more details!
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