Coffee prices remain hight due to weather factors
Michael Chen
Senior Web Developer
Coffee growers have been under pressure in various parts of the world from the vagaries of nature.
While the coffee market has seen increasing demand over the past few months production has been hampered due to unseasonal weather in 2013.
There has been a big dip in Brazil's coffee output due to drought drying many of the beans.
Much of the damage from the drought and high heat will not be realised until the crop is being harvested.
Coffee experts have warned this year could prove to be the most damaging since the Black Frost of 1975.
Demand has been out of plumb with supply this year, with production coming in at 145.7 million bags.
Consumption has already reached 145.8 million bags.
Demand figures are also being skewed by a higher consumption of coffee in India and China, which are traditionally tea drinking nations.
Source: malaysiasun.com/index.php/sid/221268971/scat/5e8a9e9456185a7e/ht/Coffee-prices-remain-high-due-to-weather-factors#sthash.g6nwRil3.dpuf
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