In 2018, coffee prices have fallen sharply, reaching, in September, the lowest price per pound since 2006. Which are the causes? Who is affected the most?
Tag: Price & Trends
If you want to know which trends are thriving in the year 2018, you should read this article carefully. As reported by The Independent, Jonathan Wadham (Rombouts’ coffee expert), Rick Tingley (coffee specialist at Taylors of Harrogate) and Gennaro Pelliccia
In November 2017, the ICO composite indicator price (averaged 117.26 US cents/lb) continued to decline (down 2.3% from the average price in October). The Arabica group indicators were generally stable in November. For the Robusta group the monthly average decreased
The constant price changes are happening due to changeable weather conditions and climate change, since the damage to the Brazilian crop in 2014 resulted in the higher price instability. The increasing global production is resulting in the profit decline, especially affecting growers.
The International Coffee Organization is constantly trying to provide a more stable relationship between supply and demand, but the price wars between supermarkets have been emerging in recent years due to the fact that there is a risk that the premiums paid to smallholders will be crushed by the supermarkets. [Sign in to continue]
According to novosti.rs, Brazil and Vietnam are facing the decrease of coffee growth which will affect coffee prices in Serbia, as well as in the whole world. The market demand is in constant increase, Robusta deficit is compensated with the more expensive sort, which results in higher prices.
Coffee from international markets arrived in Serbia with [Sign in to continue]