The sharp decline in global coffee prices following the panic selling in the financial markets has impacted domestic farmgate prices, making the trade cautious. Global coffee prices, which declined by about a tenth over the past few days following the Trump administration’s move to impose reciprocal tariffs, has sent the domestic prices also downward.
Farmgate prices of arabica parchment are now ruling at around ₹26,200-26,800 per 50-kg bag, down from around ₹27,200 levels in the last week of March. Similarly, the robusta parchment is hovering around ₹21,400-21,800 levels down from the ₹22,200-22,900 levels in March last week.
Meanwhile, the International Coffee Organisation, in its monthly report, said the prices have eased a bit during March amidst increased uncertainty. India’s coffee exports for the year-ended March 2025 crossed $1.81 billion, registering a 46 percent increase over the previous year’s $1.286 billion on a surge in prices and global demand.