Trouble brewing, as coffee prices hit ‘crisis’ point
Consumers could soon be paying $10 a cup, says one supplier.
Cafés say there is only so much they can absorb in terms of pricing.
Now might be a good time to start stockpiling your coffee or cut your caffeine habit, with beans trading at their highest levels since 1977 and prices showing little sign of going flat anytime soon.
Yesterday, the futures benchmark for arabica coffee beans was at about US$3.61 ($6.06) a pound on the
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