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Coffee market doubles, as do woes

Monday, May 20, 2019

The value of the global coffee industry has almost doubled in the past decade to $90 billion, according to Euromonitor.

But, despite fears that climate change could reduce supply in the medium to long term, a combination of better than expected harvests with more efficient producers and currency markets has conspired to keep wholesale prices low, and there is a massive oversupply in the market, the Financial Times reports.