Wednesday, September 10, 2014

Global coffee prices set to soar as supply declines

Global coffee prices set to soar as supply declines




Coffee prices are set to rise further, as the crop year 2014-15 stares at asupply deficit in the global market. Prices, ruling at 190-200 cents per lb (pound), are poised to move up to 220-230 cents per lb by December.
“Drought in Brazil at the beginning of the crop year  will result in global su...

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