Coffee prices affected by Iota storms

Coffee prices are under pressure again as Hurricane Iota is set to have a devastating impact on crops in key coffee growing regions. Unfavourable weather conditions could cause a more expensive brew leading to coffee prices increase. Earlier this month Central America was already hit by Hurricane Eta which devastated the region. Yesterday coffee prices rose more than 4%.

Coffee prices rose more than 4% yesterday on Hurricane Iota threats. Source: Bloomberg

Source: Bloomberg

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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Coffee prices affected by Iota storms

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