Brazil, El Salvador: coffee prices rose 110% in the last year

On Thursday, February 10, the market reached a 10-year high of US$260.45 and closed the day at US$255.20 per quintal of coffee. The increases have motivated national coffee growers to expand the crop.

RIO DE JANEIRO, BRAZIL - In 2021, the price per quintal of coffee had risen more than US$100 in the international market. Last week the aromatic coffee reached US$255.20, 110.7% more, compared to February 2021, when it was around US$121.10.

The escalation of international prices of aromatic coffee began in the last quarter of 2020. In 2021, it continued to rise due to the risk of supply shortages, with the worsening of the weather situation in Brazil, the world's largest producer. In 2022 the increases continue.

According to the Coffee Note of the Salvadoran . . .

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