A record-breaking rally for coffee prices shows no sign of slowing down, analysts say, with some warning it could take years for one of the world's most traded commodities to recover.
Arabica coffee futures with March delivery hit a fresh intraday high of 348.35 cents per pound on Tuesday, notching their highest level in nearly 50 years.
Renowned for their smooth taste and sweet flavor, arabica beans make up between 60% to 70% of the global coffee market.
Robusta futures, meanwhile, also climbed to a fresh record high in late November.
Robusta beans are known for their strong and bitter flavor and are typically used in instant blends.
Persons:
Nayib Bukele's
Organizations:
Salvadoran
Locations:
San Salvador