Robusta coffee prices hit 28-year high
The average monthly price of Robusta coffee has reached its highest level in 28 years, according to the latest data from the International Coffee Organization (ICO). In May 2023, Robusta prices increased by 5.9%, averaging 122.55 US cents/lb. This is the highest Robusta price since August 1995, when it averaged 130.18 US cents/lb. However, the …