The executive president (CEO) of Grupo Nabeiro – Delta Cafés admitted this Wednesday that “it is an absolute certainty” that instability in the coffee market will have an impact on consumer prices.
Rui Miguel Nabeiro spoke to journalists at the end of the event, in Lisbon, during which the group’s main novelties were presented, including new product categories such as Swee ice creams, smoothies Ootie and him appetizers Not boring.
Asked if the instability in the price of coffee raw materials could have an impact on the amount that the consumer will have to pay in the near future, the general director admitted that it could. “I would say it’s an absolute certainty that it will happen,” he said.
“We have no way of sustaining and sheltering on our shores a 200% increase in Robusta coffee”Cara a year ago, the manager continued.
The general director states that it is “absolutely impossible” for the group to be able to “accommodate” the increases in raw material prices in international markets, recalling that even the price of cocoa has been increasing.
The price of cocoa exceeds $10,000 per ton, a new record
“All commodities are rising again,” for several reasons, including speculative factors.
“We are not speculators, we have to buy the coffee, we have to roast the coffee and the prices we have to pay” are high, he continued, pointing out that “for the first time in history, Robusta coffee is more expensive than Arabica.” coffee”.
Vietnam is one of the large producers of the Robusta variety, which has “very little production”, in northern Europe, with the “increase in coffee prices, they say.” merchantsbegan to introduce into his mixes Robusta coffee, which was cheaper” and consumers did not complain, he explains.
And, suddenly, “we had an increase in Robusta and this happened” and it became more expensive than Arabica.
Source: Observadora
