Coffee prices have slipped to a 32 week low. The decline reflects continued selling pressure in the commodity market. Traders are reacting to weak demand signals and improving supply outlook.
Coffee price drops to 32 week low
Coffee is currently trading at 281.72 USd per pound. The commodity fell 1.22% in the latest session. Over the past month, prices have dropped 18.52%. Year to date, Coffee is down 19.05%.
The move to a 32 week low signals sustained weakness. It shows that the market has struggled to find support levels. Short term rebounds have not held.
Coffee down 28.91% YoY
On a yearly basis, Coffee prices have declined 28.91%. This sharp drop highlights long term pressure in the sector. Increased supply and shifting demand patterns are weighing on prices.
A nearly 29% yearly fall is significant for a major agricultural commodity. It impacts producers, exporters, and global trade flows. Lower prices can ease costs for buyers but hurt farming margins.
The 32 week low reflects a market still under stress. Traders will now watch supply data and global consumption trends to see if prices stabilize or fall further.
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