Coffee prices averaged USD 286 cents per pound in November, up 11.7% from October. On 29 November, the commodity traded at USD 326 cents per pound, up 29.9% from 31 October.
November’s price surge was the sharpest in seven months and stemmed from supply concerns: Expectations for Brazil’s 2025/26 harvest have been lowered due to a recent dry spell plus the El Niño climate event earlier this year. However, record weakness in the Brazilian real boosted exports, capping the price rise.
This chart displays Coffee (US¢/lb) from 2022 to 2024.
Coffee Arabica (prices in US¢/lb, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
|---|---|---|---|---|---|---|---|---|
| Coffee Arabica | 184 | 186 | 156 | 170 | 184 | 219 | 246 | - |