Robusta beans, mainly used in the production of instant coffee, have also seen a sharp price jump, rising 73% to US$5,885 per tonne in November 2024 due to unpredictable weather patterns.

Now, the beans behind those caffeinated beverages hit a record high cost. According to Trading Economics Arabica, coffee futures set a record high for the closing price on Monday at around $3.45 ...

US coffee giant latest to impose price hikes, adding to growing burden on coffee-loving Koreans Koreans will soon pay more ...