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
Arabica coffee price hits 47-year high
The futures price of arabica coffee has reached a 47-year…
Read more >Magyar Posta is preparing for the increased holiday traffic with 130 new vehicles
Magyar Posta expects to deliver more than 7 million packages…
Read more >There are many applications, yet effective recruitment is often a challenge for domestic companies
The experiences and ideas of Hungarian companies regarding workforce management…
Read more >