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Arabica Coffee Prices Hit Record on U.S., Colombia Tariff Spat

Wall Street Journal

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Arabica coffee futures surged to a record $3.56 per pound in January 2025, surpassing December’s peak, as traders reacted to shifting U.S.-Colombia trade tensions. Prices remain volatile, with ICE futures closing at $3.48 after a 0.1% evening gain, though they’ve climbed 40% in three months and 79% year-over-year. The spike follows the U.S. withdrawal of threatened tariffs and sanctions on Colombia, a key supplier providing 30% of America’s coffee imports. Market uncertainty persists as traders assess long-term impacts on supply chains, despite the immediate relief from avoided trade restrictions. The surge adds pressure to global coffee markets, already strained by climate disruptions and rising demand, amplifying concerns over sustained price inflation.

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By Joseph HoppeUpdated Jan. 27, 2025 12:20 pm ETListen(2 min)A worker picks coffee berries in Colombia. The U.S. imports about 30% of its coffee from the country. luisa gonzalez/ReutersArabica coffee prices hit a record level earlier in the session, as traders digest the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia.Continuous arabica coffee futures on the ICE were up 0.1% at $3.48 a pound in volatile evening trading in Europe, though they are up more than 40% over the past three months and 79% on year. Arabica set a fresh record of $3.56 earlier in the session, exceeding the prior record of $3.48 set in early December.Copyright ©2026 Dow Jones & Company, Inc.

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Source: Wall Street Journal

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