Coffee Prices Hit Monthly Highs as Hormuz Closure Squeezes Supply Chains

NewsGhana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/coffee-prices-hit-monthly-highs-as-hormuz-closure-squeezes-supply-chains/Global coffee prices surged to their highest levels in weeks on Friday, driven by the continuing closure of the Strait of Hormuz and tightening robusta inventories, even as a bumper Brazilian harvest outlook and rising arabica stocks pulled in the opposite direction leaving the market caught between a geopolitical supply shock and the most favourable […] NewsGhana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/coffee-prices-hit-monthly-highs-as-hormuz-closure-squeezes-supply-chains/


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Economics
ID: 6483979816479223807


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