Coffee prices rise at faster pace on growing demand, unseasonal rains
The rate of increase in coffee prices has quickened owing to unseasonal rainfall, shortage of labour and growth in demand, driven especially by urban youth, after the Covid-19 pandemic, said experts.
“Torrential rains during off-season caused a lot of damage to coffee. To add to it, shortage of labour has also slowed down the harvest process,” said ND Jayaram, a large grower from Karnataka.