Your morning cuppa may cost a little more because of heavy rainfall in Brazil and drought in Vietnam
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.The heavy rainfall in Brazil, the world’s largest coffee producer, is driving the price increases and will likely affect the country’s 2024/25 supply.
The heavy rainfall in Brazil, the world’s largest coffee producer, is driving the price increases and will likely affect the country’s 2024/25 supply, according to the ICO. The demand for Robusta beans has affected Nestle’s production, said Carl Khoury, the business executive officer for coffee and beverages at the company’s East & Southern Africa region.
“In response to these market dynamics, Nestlé has implemented price increases across the category. However, we are also actively pursuing optimisation and cost-saving initiatives across our value chains to mitigate the impact of these price hikes on consumers.”
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