Agreement Reached for the Export of Peruvian Blueberries to the Bolivian Market
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Coffee Prices Today, February 13th: Soar to Record Highs
Today, February 13th, 2025, witnessed significant increases in coffee prices across Vietnam's Central Highlands. Dak Lak prices reached 133,000 VND/kg, while Lam Dong saw prices of 132,000 VND/kg. Gia Lai experienced a rise to 132,800 VND/kg, and Dak Nong maintained its leading price at 133,000 VND/kg. Global coffee prices also surged, with Robusta coffee futures on the London exchange hitting a new peak of $5,817/ton for March 2025 delivery. Arabica coffee futures on the New York exchange reached a multi-year high of 431.80 cents/lb. These record highs are attributed to a combination of factors, including drought in Brazil impacting global coffee production, low global inventories, and increased logistics costs. The scarcity of supply, coupled with consistent demand, continues to drive prices upward.
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