The price of coffee can fly from the bottom to the top
In recent years, the world market price of coffee fell to a ten-year low, but according to the Equilor Investment Co. Ltd., this trend may soon be reversed – origo wrote.
On the one hand, in Brazil, one of the world’s largest producers, this year’s crop may well fall short of last year. On the other hand, as a result of climatic changes, current crop areas may be significantly reduced, which may also lead to a deterioration in crop yields, a deterioration of the balance of supply and demand, and thus an increase in coffee prices. (origo)
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