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iPathA Series B Bloomberg Coffee Subindex Total Return ETN
The two most popular types of coffee in the world are Arabica and Robusta beans. Vietnam is the world’s leading producer and exporter of Robusta beans that make espresso coffee. Brazil is the 800-pound gorilla when it comes to production and exports of Arabica beans. Arabica coffee is the most popular grade, and most coffees around the globe use the beans that primarily come from Central and South America.
After falling to the lowest price since 2005 in May 2019 at 86.35 cents, nearby ICE Arabica coffee futures recovered to a high of $1.1305 in