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Why hasn't the price of coffee to consumers has not fallen despite cheaper world prices?
Wiki User
∙ 14y ago
The price of coffee to consumers has not fallen, despite cheaper coffee is because there is too much coffee grown there are tones of beans stored around the world. There is so much grown partly because of the World Bank and others who have encouraged LEDC's to grow it. Therefore, countries compete to grow more and more. Then, with so much coffee on the market, the buyers can push the price right down. They then pay less for the coffee so the coffee farmers earn less. Meanwhile, more of us like to drink coffee in coffee bars. So they charge us for a high price for it.
Therefore, the more coffee on sale on the market, the lower the price will be. The less coffee on he on sale, the more the price will be.Wiki User
∙ 14y ago
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Why haven't the coffee prices fallen for consumers despite cheap prices for coffee beans?
The price of coffee to consumers has not fallen, despite cheaper coffee is because there is too much coffee grown there are tones of beans stored around the world. There is so much grown partly because of the World Bank and others who have encouraged LEDC's to grow it. Therefore, countries compete to grow more and more. Then, with so much coffee on the market, the buyers can push the price right down. They then pay less for the coffee so the coffee farmers earn less. Meanwhile, more of us like to drink coffee in coffee bars. So they charge us for a high price for it. Therefore, the more coffee on sale on the market, the lower the price will be. The less coffee on he on sale, the more the price will be.
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