There is no return to coffee prices a few years ago.
The increasing price of coffee is talking. Timo Pylvinäinen
The price of coffee has risen high. Paulig’s popular celebration Mokka is probably at a record price at € 8.19 at Lauritsala’s S-Market in Lappeenranta, Iltalehti reported.
In the Iltalehti survey in October, 43 percent of the respondents reported the cost of a coffee package five euros.
How expensive the price of coffee can still rise, Pellervo Economic Research PTT’s Research Director of Agriculture and Food Economics Sari Forsman-Hugg??
“There is no rapid relief for the price of coffee,” Forsman-Hugg begins.
– I was just watching the world market prices of coffee and there has been a rise. Even in recent days, the futures prices of coffee have been on the rise.
According to Forsman-Hugg, prices show worries about the supply and uncertainty about the upcoming coffee bean harvest.
– There has been drought in key coffee growing areas. Drying also has long -term effects on production and thereby coffee price.
Hip the record readings
Consumer prices for coffee are sensitive to change.
– There is an upward pressure on world market prices, so it is possible that the consumer price of coffee will still rise. Of course, the stores themselves decide on pricing and later this year he noticed that coffee was a fire product for some stores.
The price of coffee can come to hip records during the first half of the year.
– Yes it is very possible. Records have already been seen lately.
There is no return to coffee prices a few years ago.
– It is worth be prepared to keep prices at the current or higher than before. The effects of the extremes are increasingly seen, which brings uncertainty to the supply, says Forsman-Hugg on the background of the price rise.
– The prices will certainly see rising spikes and fall. It’s hard to see return to prices a few years ago.