Coffee prices can jump because of Brazil
There is a significant price increase for coffee, according to nine traders and analysts interviewed by Reuters – qubit.hu wrote.
By the end of the year, Arabica might be almost 20 percent more expensive. One of the main reasons behind the price increase is that a poor year will come in Brazil, within the biennial production cycle, and this will cause a global deficit. (Qubit.hu)
Related news
Nestlé’s coffee brand surpasses regenerative agriculture goal for 2025
Nescafé said it sourced close to a third of its beans…
Read more >Lavazza Considering Merger with Dallmayr – A European coffee giant may be in the making
Italian coffee group Lavazza is reportedly exploring a merger with…
Read more >A cup of coffee for a long, healthy life? 30 years of research has provided the answer
Coffee in the morning is not only a wake-up call…
Read more >Related news
Danone spends $65M to increase coffee and creamer production
The International Delight and STōK Cold Brew Coffee maker is…
Read more >German consumers Rarely Shop via Social Media
German consumers remain skeptical about shopping through social media, according…
Read more >Aldi seeks 1,000 store staff in major recruitment drive
Aldi has launched a major recruitment drive to support its…
Read more >