Espresso economics: The coffee rally explained

Espresso economics: The coffee rally explained

December 9, 2024 · 18 min

About this episode

Carlos Mera and Oran van Dort discuss the recent surge in coffee prices and the underlying supply and demand factors.

The second half of November saw coffee prices igniting, with arabica prices pushing well past USD 3/lb, a level not seen since 1977, and robusta prices breaking all-time records. Arabica prices have increased 109% over the last twelve months. Meanwhile, robusta prices, which have been elevated since the Houthi-induced Red Sea disruptions last December, have risen 92% in the last year and an astronomical 237% over the last five years. Join Carlos Mera and Oran van Dort as they discuss the supply and demand fundamentals behind the recent price surge. Please read our disclaimer here: https://www.rabobank.com/knowledge/disclaimer/011417272/disclaimer

People in this episode

Host: Carlos Mera

Guest: Oran van Dort

Topics covered

Keywords

Mentioned in this episode

Organizations: Rabobank

Products: robusta, arabica

Places: Houthi, Red Sea

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