Coffee bean prices tumble, but will Malaysians pay less for their daily cup?
KUALA LUMPUR: Global Arabica coffee prices have fallen sharply this year, reversing part of the surge that squeezed Malaysian coffee shops and chains — but don't expect your morning latte to become cheaper just yet.
KUALA LUMPUR: Coffee bean prices have declined sharply this year, but Malaysians may not see a reduction in their daily cup prices. Arabica coffee prices fell 21.49% so far in 2023, trading at US$2.81 per pound. CIMB Securities Sdn Bhd reported an 18.6% decrease yearly and a 29.2% YoY fall. Other commodities rose, led by crude oil.
Coffee prices declined despite a surge in 2024 and 2025 due to adverse weather affecting supplies. Brazil, the largest Arabica producer, has improved supplies, helping drive prices lower. However, retail coffee prices are unlikely to fall significantly, as other expenses may offset the dip in bean prices.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
