Vietnam’s coffee harvest booms: the world can expect some slightly less expensive morning espresso
The world’s largest grower of the robusta variety of coffee beans is in Vietnam, and they’re experiencing a large crop this season. The global supply of espresso beans and instant coffee has been slightly scarce, driving prices upward. But now, the price has dropped 10% in the last 60 days. You can thank Vietnam for that.
Yields were plentiful after favorable weather and massive replanting efforts of trees. However, this luck has not been felt in all other coffee-grower regions. Brazil, the largest producer of the milder-tasting arabica coffee bean variety has suffered frost and droughts, wearing production and signaling several years are needed for a full recovery of the market.
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