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The Independent UK

Business

Josie Clarke

Coffee drinkers braced for cost increase as bean prices reach record high

Coffee commodity prices have surged this year on the back of weather concerns (WWF/PA) - (PA Media)

Coffee drinkers could be about to see costs rise yet again as the price of beans hits a new record high.

The price for arabica beans – the world’s most popular bean variety – reached a 47-year high this week, having risen by more than 18% this year to top 3.44 US dollars (£2.70) a pound.

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