Why the coffee price is already at a record high again

Robusta coffee a normally cheaper variety that often for the production of Instant coffee used in the previous week at $ 5.840 per pound the highest price since the beginning of the networked trade in 2008.

Worry that the new US government possibly Trading duties imposed on important South American coffee producers, the prices drove up. According to dealers difficult logistics claim In addition.

Minus 41 percent

Dealers also called persistent fears about a shrinking delivery forecast in the leading producer countries Brazil and Vietnam As a reason. Vietnam’s coffee exports, for example, fell by 41 percent in January. This follows a decline of 17 percent last year.

Also on multi -month highs, the prices for Corn, wheat and soybeans to. Here, too, US trade policy was triggered. Dealers initially feared that tariffs Retaliation Could trigger US cereals as to what the sale Large importing countries How China and Mexico would affect and a resulting oversupply in the other countries would press the prices. However, the markets were supported by the suspension of the US tariffs against Canada and Mexico as well as by the moderate Chinese counter tariffs.

In addition, there are continuing doubts about the South American. After a long time it has in Argentina Rained again, but doubts remain as to whether the quantities were sufficient.