They expected coffee prices to keep falling. Then the conflict in Iran changed everything

They expected coffee prices to keep falling. Then the conflict in Iran changed everything

Coffee bean prices in Canada are rising due to conflict in Iran and shipping delays in the Strait of Hormuz. Here is what it means for your morning cup.

Coffee Prices Supported as Iran War Boosts Shipping Costs

May arabica coffee (KCK26 ) today is up +2.60 (+0.92%), and May ICE robusta coffee (RMK26 ) is down -16 (-0.43%). Coffee prices are mixed today. Supply concerns are supportive of coffee prices, as the war in Iran has halted shipping through the Strait of Hormuz, boosting global shipping rates,...