UK: Coffee deal off the boil
A deal to boost the income of the world's coffee producers, most of whom are poor developing countries, is under strain just one week after the plan was announced. The Association of Coffee Producing Countries (ACPC) had agreed to hold back 20% of coffee production for two years to boost prices. Coffee prices recently reached a seven-year low of $890 a tonne for July delivery. Now doubts are surfacing as to whether Brazil, the world's largest coffee producer, will actually implement the scheme. Also, countries which are not ACPC members are reported to be reconsidering their commitments. "The gloss put on the ACPC plan last week is waning. It seems to be falling apart quicker than expected," said one London trader.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- What Brexit means for drinks industry? - Analysis
- Is there a future for the global beer brand?
- How soft drinks can win big with adult consumers
- Global director int'l brands, Heineken - Interview
- Non-Scotch Whisky Essentials, Part I
- The UK Referendum - just-drinks Live Blog
- Absolut rebound paints rosy picture for Pernod
- SABMiller confirms price paid for Meantime
- Aldi dealt alcohol sales blow in Australia
- Maxxium eyes US$1.4bn opportunity in UK spirits
- Adultifying Soft Drinks; Capitalizing on rising adult demand for non-alcoholic beverages
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends
- Spirits and Wine: Corporate Overview
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends