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
This year will truly be the year of data management
Although inflationary pressures eased a bit in 2024, consumers have…
Read more >DLA Piper Hungary / Omnibus proposal: necessary simplification or step back in sustainability efforts?
On February 26, the so-called Omnibus proposal aimed at simplifying…
Read more >Slow Food Deutschland criticises insect-as-food approach in Europe
Slow Food Deutschland has criticised the use of insects as…
Read more >