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
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >