Vietnam's Coffee Supply Struggles Due to Hoarding and Weather Woes
19 days ago
The coffee market is facing significant upheaval as both domestic hoarding activities and severe weather conditions have started to crumble the supply chain of Vietnamese coffee beans, one of the world’s largest producers. As the key harvest season approaches, these factors have sparked concerns about future price surges and limited availability in international markets.
Continue readingRising Coffee Prices Prompt Nestlé to Raise Costs and Reduce Package Sizes
1 month ago
In a recent announcement, Nestlé, the world-renowned food and beverage giant, revealed significant changes to its coffee product lineup as raw material costs continue to escalate. The company plans to increase prices on its coffee products while simultaneously reducing the sizes of its coffee packages, seeking to combat the impact of soaring coffee bean prices.
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