According to Nestor Osorio, Executive Director of International Coffee Organization global coffee consumption may rise 1.6 percent to 130 million 60-kilogram bags this year. Growning demand from Europe, Latin America and Japan may cause the rise of coffee global prices.
He said that current crisis is not expected to have a significant adverse level of demand. One of the reason is that some of people have resorted to lower quality while the others cut costs by brewing a coffee at home. More about this voucher
