AGRICULTURAL NEWS - Global coffee prices are likely to remain higher for longer as the market struggles to rebalance supplies geographically.
This is the result of disruptions to transportation of coffee around the world, due to container shortages and port congestion.
This emerged during the Swiss Coffee Trade Association’s (SCTA) recent annual conference, where traders and analysts said transportation challenges were preventing available supplies from being moved quickly to meet demand in some areas of the world, boosting the price of the commodity.
