Coffee Prices Rose As ICE Stockpiles Stayed Tight

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Intense nervousness prevails in the global commodities market, as certified coffee stocks on the ICE stock exchange are moving at marginal levels.

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Coffee is recording a new rally in terms of prices internationally, intensifying fears of a new round of price increases, while global stocks are at extremely low levels and uncertainty about the adequacy of supply is growing. At the epicenter is Arabica coffee, whose futures contracts jumped to a high of one […] The post “Bitter” coffee: Price surge and fears of new price increases – Stocks are drying up appeared first on iEidiseis.