The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Shares in the world’s biggest coffee chain fell 3.3 per cent to $78.20.
Shares in the world’s biggest coffee chain fell 3.3 per cent to $78.20.
(SUZANNE PLUNKETT/REUTERS)

As coffee prices surge, investors watch Starbucks

Starbucks Corp. did very well as the price of coffee slid to seven-year lows in 2013. Will the coffee retailer do okay as coffee prices rebound?

On Tuesday, Arabica coffee futures rose as much as 10 per cent for their biggest one-day gain in more than nine years. They rose another 3 per cent on Wednesday.