Coffee prices have been soaring in recent months, with London futures for robusta coffee beans reaching a historic high in July. (Source photo by Ken Kobayashi)

Coffee prices volatile on climate, shipping crunch, forest regulation

Unpredictable weather will increase cost of production in the long run

AKANE OKUTSU, LIEN HOANG and NANA SHIBATA, Nikkei staff writers

August 19, 2024 06:00 JST

TOKYO/HO CHI MINH CITY/JAKARTA -- Coffee prices look to remain volatile through the end of 2024 due to bad weather, a shipping crunch and tighter environmental regulations, according to analysts and industry players.