News

UK: Coffee deal off the boil

Most popular

What are Diageo's priorities for the years ahead?

Diageo Performance Trends 2014-2018 - results data

What can the spirits industry learn from Diageo?

Why targeting by gender failed in 2018

MORE

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.


Related Content

How RTD coffee could be the next functional drink boom area - NPD trends

How RTD coffee could be the next functional drink boom area - NPD trends...

Why is The Coca-Cola Co buying Costa? - Comment

Why is The Coca-Cola Co buying Costa? - Comment...

Cascara - a coffee by-product turning soft drinks heads - NPD Focus

Cascara - a coffee by-product turning soft drinks heads - NPD Focus...

Coffee and doughnuts – Will The Coca-Cola Co’s Dunkin’ Donuts move pay off? - Comment

Coffee and doughnuts – Will The Coca-Cola Co’s Dunkin’ Donuts move pay off? - Comment...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?