THE price of coffee is set to hit record highs yet we continue to dig deeper into our pockets to fight the winter chills with a warm drink.
This is a 109 per cent increase over the past 12 months and a staggering 145 per cent in the past five years, The Grocer reports.Robusta beans, which tend to be cheaper as they're used in instant coffee, broke records when they hit £4,510.63 per tonne at the end of November. In turn, prices accelerated and many coffee companies decided to switch to arabica beans, as it was costing around the same as robusta beans.However, the cost of robusta beans has remained the high due to the Houthi-induced Red Sea disruptions last December.
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