Analysts warn it may take years for the rally to fade

Analysts warn it may take years for the rally to fade

A coffee cup with a printed message from Salvadoran President Nayib Bukele’s X account is pictured at Franco’s Pupusa restaurant in San Salvador on July 17, 2024. Marvin Recinos | Afp | Getty Images A record-breaking rally for coffee prices shows no sign of slowing down, analysts say, with some warning it could take years … Read more

Citi on what’s next for cocoa and coffee prices after a record rally

Citi on what’s next for cocoa and coffee prices after a record rally

A worker picks cocoa fruit at the Somos Cacao farm in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024. Bloomberg | Bloomberg | Getty Images Citi says a record-breaking rally for cocoa and coffee prices could yet have further room to run, citing adverse weather conditions and demand expectations. In New York, … Read more

Lovers of sweet treats could be hit by rising sugar prices

Lovers of sweet treats could be hit by rising sugar prices

Sugar for sale at a supermarket in Yichang City, in China’s Hubei province, on April 6, 2023. Future Publishing | Future Publishing | Getty Images A mammoth rally in 2023 for El Niño-exposed raw materials will likely hit consumers’ pockets over the coming months, according to one specialist food and agribusiness bank. Soft commodities have … Read more