Trademagazin > News and articles > Market News > The growing supply may cause price reductions on the coffee market
The growing supply may cause price reductions on the coffee market
Over the past year, the course of coffee increased by 34 percent, since the offer on the market hardly exceeded the demand. This year, the big coffee producer countries may perform well.
The amount of harvested coffee may increase in Vietnam. The country is the world's largest robusta coffee grower. The harvest may be 1.2 million tonnes, compared to last year’s 1.05 million tonnes. Acccording to the International Coffee Growers Association; the Indian harvest may aslso increase by three percent this year – reports tozsdeforum.hu.
Related news
More related news >
Related news
Every sip is a new chapter – the BB wine and champagne family is completely renewed and takes the next level
By analyzing and rethinking every stage of winemaking, the Balatonboglár-based…
Read more >NGM: decisions have already been made on the development plans of more than fifty companies in the Demján Sándor Capital Program
Despite pressure from Brussels, the government is doing everything it…
Read more >Budapest among the world’s 50 most innovative cities
Budapest has been named one of the world’s 50 most…
Read more >