Coffee prices reach new hights

[Doc_offshore]

The prices on coffee on the consumer marked has rised more then 20% the last few months. The higest prices is on Arabica coffee which are traded on the NYBOT (New Your Board of Trade). We have not yet seen the peak of the coffee prices.


Doc Offshore

[Samanosuke_04]

Thats not shocking, guess what?? Flour prices are hiking too, I'm buying noodle and now it cost me about 2 dollars for 700gm compared to before which is only 1.6 dollars.. zzz, In Malaysia, this things happens because the government rise the salary.. and the sellers just took the chance right on the spot..

[animecrunchy]

Now all food price already very high. This will affected poor country which don't have any production for food. Look like africa country, for sure they will suffer more if this trend continue. Many people will die for just starvation.

[Samanosuke_04]

Hah, poor people?? Even rich people can starve to death if the price of food keep increasing like hell!! Guess what, a bread which cost 50 cent now cost 60 cent recently!! , I'm thinking about opening my own business, I'll sell my own food so that I have nothing to lose!!

[orangebelt]

The rising commodity costs really have a huge impact...

What we can do is to cut on our consumption and stop the demand...

But human generally get defeated easily by lust... they wanna eat more, and more, and more, and more... and the demand keep increasing so as the price...

Figure out ourselves on wat to do next...

[animecrunchy]

The problem right now for the rising food price is because not many country is produce food enough for their country so they need to import it from other country. That make food price is control by big country coz they can buy it with high price and left small country to suffer from this price already. Look what happen to corn price lately, because of big country using it for biodiesel this commodity already rise almost 30x from early ninety.

[orangebelt]

Its true... I agree..

Most third world countries are really into industrilization and neglected the argiculture sector...

Even countries with natural resources still import raw materials from neighbouring countries... what a waste...

[Samanosuke_04]

Some countries have good natural resources, but they sell it for higher prices to other countries, and they buy the same natural resources from other countries which will be cheaper, but of a poor quality!! , Really, weird action, but its for the sake the country's income itself, so sometimes we cant blame them for doing the best that they can!!

[ajacx]

i think India and Bolivia is the world biggest Coffee exportersand i think it will keep growing its market....and company like Starbucks and other coffee houses will take the pain for the increasing of coffee prices...

[Samanosuke_04]

No they won't receive any pain in the neck, the customers will, its easy... once the coffee prices rise, the coffee houses just need to raise their drink's prices.. At first maybe customers have difficulties with these change, but somehow they'll forget it about a while and continue buying drinks !!!