And, of course, demand growth.

According to the long-term trend, coffee prices are constantly increasing, driven by demand growth, on the one hand, and the difficulties of growing climate change, "said Gwyna Zoka, chief executive of Moca Negra Zrt, Vilagzadasag, according to MTI.

In a Wednesday edition of the newspaper, with the rapid rise in the price of coffee on the stock market, the head of the coffee distribution company noted that short-term price movements were basically driven by speculation. He added that coffee is imported to Hungary under semi-annual contracts, so the short-term price change does not affect retail prices.

According to the article, arabic coffee prices rose 7.2 percent in the US commodity market over a week in March. Brazil's main production area, which accounts for some 70 percent of the world's coffee production, is the Minas Gerais region, where rainfall has fallen in the historic average quarter.

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