New Talk (Taiwan) published an article on the report, Volatile coffee prices: Covid-19 and market fundamentals, from the International Coffee Organization (ICO) and IFPRI. The report states that COVID-19 has exacerbated the volatility of global coffee bean prices, calling it an “unprecedented supply and demand shock” and having a major impact on 25 million coffee producers and farmers worldwide.
Outbreak impact! 25 million coffee merchants affected US and Canada Starbucks will close 400 stores (New Talk)
June 26, 2020