Coffee Importers Stockpiling On Fears Over Coronavirus Lockdowns
From: reuters.com
NEW YORK/LONDON/BOGOTA (Reuters) – Coffee importers in some of the largest consuming countries are stockpiling, bringing forward orders by up to a month to avoid shortages if supply chains are disrupted by coronavirus lockdowns.
The global pandemic has prompted governments around the world to impose severe restrictions on movement in a bid to stem the spread of the virus. Supply chains are backing up as air freight capacity plunges and companies struggle to find enough truck drivers and shipping crews.
