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

Arabica coffee prices hit a record level, 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 rose 0.8% to $3.50 a pound in midday trading in Europe, having reached as high as $3.56 earlier in the session. This exceeds the prior record of $3.48, set in early December, which then reflected global supply worries and particularly concerns over the 2025 harvest in Brazil.