Coffee prices to remain constant

Coffee prices next year are expected to remain the same as current rates, the president of the Industrial and Commercial Association for Coffee in Portugal (AICC) said last week. “We have no predictions of prices rising in 2013,” said Maria José Barbosa, speaking at the ‘Flavours and Aromas of Coffee’ exhibition in Porto. “Our estimate is that prices will remain the same next year, however, this is not something we can guarantee, as, for example, just a spell of bad, frosty weather in Brazil or any other major coffee-producing country can lead to a price increase,” she concluded.