
The coffee paradox
The Economy, Stupid
Rising Coffee Prices and Supply Challenges
The chapter explores the sharp increase in coffee prices attributed to supply difficulties caused by extreme weather events impacting coffee-producing countries like Vietnam and Brazil. It discusses the delicate balance in coffee production, stresses the demand pressure from emerging markets like China, and highlights how weather fluctuations and climate change can unpredictably influence prices. Additionally, it touches on the complexities of pricing coffee and the struggles faced by producers in receiving fair compensation, potentially impacting global coffee production.
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