Robusta coffee prices in India hit a record Rs 10,080 per 50 kg bag due to decreased output in Brazil and Vietnam.
Robusta coffee prices in India hit a record Rs 10,080 per 50 kg bag due to decreased output in major producers Brazil and Vietnam, and erratic weather affecting crops. This surge in prices benefits Indian growers who predominantly cultivate robusta. Current low global inventories and speculative trading fuel market volatility, with global coffee futures reaching all-time highs.
April 12, 2024
7 Articles