Your daily coffee may cost you more soon
No one likes to see the price of their favourite drinks go up, but sometimes it is out the manufacturers control. Such is the case now as we are seeing the price of coffee rise to a seven-year high due to the production cost rises.
The reasons are manyfold but principal among them is continuing bad weather and poor harvests in Brazil together with anti-government protests in Columbia leading to disruptions in shipments, bringing with it a 40-year low in shipments globally. This problem has been made even worse by a shortage of shipping containers in South- East Asia.
The prices you pay for coffee at the supermarkets are likely to see some sharp rises in the coming months as coffee producers and exporters try to catch up with the growing global demand. Here at UKVending we anticipate that the cost to you will remain as affordable as ever.