Cafe Prices to Stay Level Despite Coffee Hitting 12 Year Low

From www.afr.com

Coffee is trading below $US1 a pound (0.45 cents kilo) for the first time in more than 12-years but according to experts, the price fall is unlikely to be reflected at the local cafe.

Arabica coffee is trading at its lowest price since mid-2006 as currency pressures in emerging markets and a bumper crop boosts supply into the market.

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