Brazil's Drought Drives Arabica To Highest Price Since 1977 | WION Business Watch | World News

Published: Nov 28, 2024, 12:35 PM(IST) WION Video Team
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The price of arabica coffee has surged to its highest level since 1977. this marks a new milestone in the ongoing rally, surpassing a nearly 30-year high earlier this week. the record for arabica was set in 1977. The primary driver is Brazil’s record-breaking drought, which has significantly impacted its coffee crop—the world’s largest.
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