Brazil’s cheap coffee is now costlier than fancy Arabica

Quick Summary:

Robusta coffee beans, typically cheaper and used for instant coffee, are now more expensive than the usually pricier arabica beans in Brazil.

Some bags of robusta coffee were last week offered at a premium of as much as 80 reais ($15) a bag to beans of fine cup quality.

Robusta even traded at higher prices than some of the best arabica beans, the so-called fine cups, data from brokerage Flavour Coffee showed.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaBrazilVietnam

Topics: Brazil coffee Espirito Santo Robusta beans Coffee Arabica coffee

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 10:00:44 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1255 words

Reading Time: 7 minutes read

Sentences: 30 lines

Sentence Length: 42 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 22558903

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 6 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

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Publisher ID: #84

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