Arabica coffee futures are experiencing their largest monthly increase since 2014 due to concerns over global supply.
Prices have risen by almost 32% this month, reflecting a shortage of the specialty coffee bean.
Arabica futures have increased by approximately 70% year-to-date, reaching near-record levels.
The rally in prices is attributed to adverse weather conditions and logistical challenges in coffee-producing regions.
As demand for high-quality coffee continues to grow, the limited supply is expected to keep prices high in the near future.
Traders are closely monitoring developments that could further impact the market.