Coffee prices may rise again
The listing price of the arabica coffee may increase by more than fifteen percent until the end of September 2016. The arabica coffee gives nearly two-thirds of the coffee consumption.
The demand for arabica coffee exceeds the supply for the second consecutive year – the Conclude Befektetési Zrt. told MTI.
In the season lasts until 30 September 2015, 84.6 million bags (1 bag = 60 kg) of Arabica coffee types can be harvested. The demannd is more than 4 million bags. In Brazil which is the world's largest producer of coffee an extended drought struck last year, causing less grown coffee. (MTI)
Related news
Why are we paying more for our morning dose of caffeine?
I doubt that many of us can start an average…
Read more >Nescafé Espresso Concentrated Enters Europe With UK Debut
Food giant Nestlé has launched the Nescafé Espresso Concentrated range…
Read more >Lavazza Plans US Expansion Amid Brazil Coffee Tariff Concerns
Italian coffee maker Lavazza plans to press ahead with expansion…
Read more >Related news
Producer prices in the euro area and the European Union decreased month-on-month and increased year-on-year in April
Producer prices in the eurozone and the European Union (EU)…
Read more >The Association of Conscious Shoppers sued Shein: they are manipulating customers with dark tricks
The Conscious Shoppers Association (TVE) has filed an official complaint…
Read more >