Over the past 12 months we’ve seen the market price grow over 20% for specialty coffee.
The Intercontinental Exchange (ICE) is a major commodities exchange based in NYC. The trading price for Arabica on the ICE affects coffee's final cost, and all types are linked together regardless of origin or other factors - even specialty coffees have been found to be affected by this common base rate!
Over the past 12 months we’ve seen the market price grow over 100% for commercial grade coffees and 20-30% for specialty. Reasons are:
The effect of an increase in C Market price are numerous:
Follow the newsletter as we talk about currency later in the week...
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