TOKYO -- International coffee prices swelled roughly 20% last quarter amid extreme heat in major Asian coffee-growing regions, joining weather-driven rallies in such other commodities as rubber and natural gas.
Benchmark London robusta coffee futures were 18.1% higher at the end of June than at the end of March and hit an all-time high of $4,394 per tonne on June 6. Arabica coffee futures were up 20.6%.
