Vietnamese farmers shift from coffee to durian cultivation, causing a 50% drop in Robusta coffee exports and rising bean prices.

Durian's rising popularity in China is prompting Vietnamese farmers to shift from coffee to durian cultivation, leading to a significant reduction in Robusta coffee exports—down 50% in June year-over-year. This shift has resulted in near-depleted coffee stocks and caused Robusta and Arabica bean prices to reach near-record highs. Although retail coffee prices may not rise proportionally, the overall production costs are intensifying, with climate change further complicating the coffee industry's future.

September 15, 2024
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