Coffee price at historical maximums worries Delta cafes

by Andrea
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Coffee price at historical maximums worries Delta cafes

The president (CEO) of the Nabeiro-Delta Cafés group, Rui Miguel Nabeiro, said on Wednesday that the price of coffee is “another concern” that the company has and that it always works with six to nine months of `stock`.

The manager spoke to journalists at the end of the presentation of the launch of Café Aboim for the Delta The Coffee Experience in Lisbon.

Asked about the price of coffee, which has reached historical maximums, Rui Miguel Nabeiro said: “It is another concern that we have”, besides Portugal to go to elections again.

Last year, “we made two price increases,” he said.

“I will not talk about the price of retail, the product, [porque] This is a price that retailers will practice, I don’t know how much the price is that coffee will reach the spout, ”continued the CEO of the Nabeiro-Delta Cafés group.

But it is with “some concern that we see the international situation of the price of coffee, we can talk if it is speculation, I have heard many theories, which is the fact that there is little coffee to buy in the market, and this has impacted coffee prices,” he said.

Delta “always works with six to nine months of` Stock`, and my cousin [Ivan Nabeiro] He learned this art of buying coffee very well with my grandmother, ”he said.

“We are covered with` stock` until June, ”he said, noting that for what will happen after that there is no obvious answer.

This will depend on the natural evolution of the price, said Rui Miguel Nabeiro.

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