HomeArchiveCoffee Prices Drop 20% in Past Month

Coffee Prices Drop 20% in Past Month

Tico Times
By Tico Times

AFTER six months of rising prices,international coffee prices dropped 20%in the past month following predictionsthere will be no freezing during Brazil’snext harvest.Brazil is the world’s largest coffee producer.Its production level can dramaticallyaffect global prices. The news from Brazilcrushed hopes that a worldwide productionsurplus, which has caused low internationalcoffee prices since 1998, would subsideduring the upcoming harvest.Abundant production in Vietnam, theworld’s second-largest producer of coffee,also contributed to the low prices.

Trending Now

Quetzal Recorded for the First Time at Little-Known Cartago Refuge

A resplendent quetzal has turned up somewhere few birders would think to look for one. The bird was recorded at La Marta Wildlife Refuge...
Read more

Thinking of Moving to Costa Rica? Put Puriscal at the Top of Your List

Anyone who has lived in Costa Rica for a while knows the question. A friend, a relative or a stranger online is thinking about...
Read more

Thieves Emptied a Tourist Rental Car in 8 Minutes in Costa Rica

When you lock your car in Costa Rica, don't assume it is locked. A group of Colombian visitors found that out during a coffee...
Read more

Costa Rica Arrests Woman Suspected in Killing of American in Playas del Coco

Costa Rican authorities have arrested a 22-year-old woman suspected of killing an American businessman inside his condominium in Playas del Coco, Guanacaste, bringing an...
Read more

Costa Rica Bus Crash Leaves Two Dead and Dozens Injured

Two women died and seven other people were seriously injured Wednesday morning when a passenger bus overturned on Route 4 in Sarapiquí, Heredia, leaving...
Read more

Pacific Coast Faces Its Highest Tides of the Season Through Saturday

If you live near the shore or have a beach trip planned on the Pacific coast this week, expect the sea to reach farther...
Read more

US Midterm Vote Won’t Necessarily Lift Costa Rica’s 12.5% Tariff

Analysts say Tuesday's US midterms could shift the politics around Costa Rica's 12.5% tariff, but a new Congress won't automatically lift it.
Read more

Expect Gusts Up to 85 km/h and Rain in Costa Rica This Weekend

Gusts could reach 85 km/h in Costa Rica's mountains and northern Guanacaste today, with rain in the Caribbean and storms in the South Pacific.
Read more

Costa Rica Reopens Cambronero Highway After Nearly Two-Months

Costa Rica has reopened the Cambronero section of Route 1, restoring an important highway connection between the Central Valley and the Pacific coast after...
Read more
Tico Times
Tico Times
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel