ICE coffee futures prices have risen to a 13-year high.

◻️ICE Arabica coffee futures prices have drawn attention by reaching their highest level in the last 13 years. Prices increased by nearly 5% today, reaching $2.7180/lb.

◼️Robusta coffee futures prices also increased by more than 3%, reaching $5.429/lb.

◻️Arabica coffee has increased by 40% since the beginning of the year due to the supply shortage in Robusta, which has led coffee chains to turn to it and adverse weather conditions in Brazil affecting production.

✒️Ekotürk