Coffee prices increases

By: trademagazin Date: 2009. 05. 13. 00:42

Analysts have believed that the economic crisis will reduce prices and will drop back demand.
However the price of coffee started a rapid increase due to strong demand, instead of poor harvests.

The world price of coffee increased by 22 percent since its lowest price last December. It turned out that the recession does not harm the coffee consumption, the less people can be found in cafes, the more people drinks coffee at home. In addition, the price of the Columbian coffe the favorite of gourmets reached its12-year peak after heavy showers have impaired the crops. More bad news for consumers of Coffee that the sugar prices jumped nearly three-year peak at the New York and London stock exchanges – reports Napi Gazdaság.




Related news