For years the price of coffee in Melbourne has held flat, now a combination of rising costs including a global shortage of coffee beans, is driving predictions of substantial increases | noeltowell
Melbourne coffee lovers face further price hikes for their daily brew as volatility in the international bean market and other cost pressures push the price of a regular flat white towards $6 in some parts of the city.
St Ali Coffee Roasters general manager Lachlan Ward says the price of a cup of coffee will continue to rise.Brazil is by far the world’s largest coffee bean grower and it has been hit by severe drought followed by damaging frosts, causing production to fall by an estimated 30 per cent. In Columbia, the third largest producer, the La Nina weather pattern has reduced crop yields by at least 10 per cent.
The Brazilian production problems are particularly bad news for consumers in Australia, where the South American country’s beans are used in most blends of espresso on the market, according to Cafe Owners and Barista’s Association of Australia president David Parnham. “That price was a ceiling. If you went above that you were seen as being an expensive cafe. Now we’re seeing a $5 dollar ceiling and $6 by the end of the year, I think is likely.“I think it’s because cafe owners had been very scared to move prices because of COVID. They’re worried about losing customers, but they’ve been absorbing these prices, both domestically and overseas, for a long time.
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