Have High Coffee Prices Hit Consumers?
4 Articles
4 Articles
Coffee Prices Rebound Mildly Higher After Posting New Lows
July arabica coffee (KCN25 ) today is up +1.50 (+0.43%), and July ICE robusta coffee (RMN25 ) is up +34 (+0.77%). July arabica coffee prices today fell to a new 2-week low before rebounding higher on some pre-weekend short covering. Meanwhile, July robusta prices fell to a new 7-month low...
Food giant Strauss Elite announced today (Thursday) to retailers a new price list that includes price increases of up to 16% for products in the coffee, chocolate, baked goods and snacks sectors. The company justifies the price increases by the change in raw material prices over the past six months. The price update will take effect on July 1. Among the products that will now increase in price: Elite instant coffee will increase by 8%, Turkish c…
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