Arabica coffee futures rose more than 50% this year

Recently, affected by the shortage of supply, the rising price of coffee futures has attracted market attention. According to the data of the Intercontinental Exchange, the price of Arabica coffee futures has risen by more than 50% since the beginning of this year. Reindeer coffee, the second largest chain coffee shop in the United States, said recently that the company is hoarding a large number of coffee beans because of concerns about the aggravation of the shortage of coffee beans. Analysts said that the short supply of coffee beans, coupled with many factors such as insufficient containers and port congestion, the price of coffee in the hands of consumers may rise further in the future.

Source: CCTV Finance